13214 SE River Rd

    Milwaukie, OR 97222
    • $1,675,000
    • STATUS: Pending
    • ON SITE: 44 days
    • MLS #: 19520183
    Under Contract
    UPDATED: 47 min ago
    $1,675,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 12,750
      SQFT
    • $131
      $/SQFT

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    VALUE ADD REHAB OPPORTUNITY. This property features single level duplex style apts, on a low-density site of 1.47 acres. The units have W/D hookups, and select units with fireplaces. The location and unique attributes make it a prime opportunity for an extensive rehab and re-positioning of the property. There are 3 vacant units (20%), which are in need of extensive turnover work. This opportunity is being offered in AS IS condition.

    Monthly Payment Calculator

    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-05-20T15:59:17.603.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/93435820

    13214 SE River Rd Milwaukie, OR 97222

    • Price: $1,675,000
    • Status: Pending
    • Updated: 47 min ago
    • MLS #: 19520183
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    12,750
    SQFT
    $131
    $/SQFT
    1959
    Built
    Neighborhood:
    145-Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
    County:
    Clackamas
    Area:
    145-Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
    Elementary School:
    Oak Grove
    Middle School:
    Alder Creek
    High School:
    Putnam
    Property Description
    VALUE ADD REHAB OPPORTUNITY. This property features single level duplex style apts, on a low-density site of 1.47 acres. The units have W/D hookups, and select units with fireplaces. The location and unique attributes make it a prime opportunity for an extensive rehab and re-positioning of the property. There are 3 vacant units (20%), which are in need of extensive turnover work. This opportunity is being offered in AS IS condition.
    Exterior Features

    Lot Size 1 To 2.99 Acres Roof Type Metal View YN No Water Description Public

    Interior Features

    Basement Foundation Crawl Space Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 846 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 900

    Property Features

    Bank Owned YN No Capitalization Rate 5.21 Country Us Fuel Description Electricity Gross Income Actual 157457 Gross Income Projected 222300 Gross Rent Multiplier 10.64 Net Income Actual 87218 Net Income Projected 151646 Occupancy Types LeasedMonth To Month Operating Expenses Actual 70239 Operating Expenses Projected 70654 Sewer Description Public Sewer Short Sale YN No Tax Amount 13205.15 Third Party Approval YN No Unit Type1 Rent 908 Unit Type1 Units Total 14 Unit Type2 Rent 1100 Unit Type2 Units Total 1 Utilities Included Trash CollectionSewerWater Zoning R10

    Listing provided courtesy of Joseph Bernard Llc.
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-05-20T15:59:17.603.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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