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1653 SE Nehalem St

Portland, OR 97202
  • $1,295,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 21488855
UPDATED: 71 min ago
$1,295,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,814
    SQFT
  • $269
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:

Description

Do not bother tenants. The property is immaculately maintained and is only one block from the heart of the Sellwood Neighborhood. Units have been beautifully renovated andmaintained. Units feature hardwood floors and newer countertops. Tenants can enjoy a common area basement that offers laundry on-site and individual storage.

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Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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. Data last updated 2021-10-15T17:40:07.897.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/118547835
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1653 SE Nehalem St Portland, OR 97202

  • Price: $1,295,000
  • Status: Active
  • Updated: 71 min ago
  • MLS #: 21488855
1
Beds
2
Baths
0
½ Baths
N/A
Acres
4,814
SQFT
$269
$/SQFT
1910
Built
Neighborhood:
Sellwood Moreland
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Llewellyn
Middle School:
Sellwood
High School:
Cleveland
Property Description
Do not bother tenants. The property is immaculately maintained and is only one block from the heart of the Sellwood Neighborhood. Units have been beautifully renovated andmaintained. Units feature hardwood floors and newer countertops. Tenants can enjoy a common area basement that offers laundry on-site and individual storage.
Exterior Features

Exterior Description Lap Siding Lot Description Trees Lot Size 3000 To 4999 Sqft Roof Type Composition View YN No Water Description Public

Interior Features

Basement Full BasementStorage Space Heating Description Baseboard Hot Water Description ElectricityTank Unit Features DishwasherRangeRefrigeratorWood Floors Unit Type1 Features DishwasherRangeRefrigeratorWood Floors Unit Type1 Sq Ft 617 Unit Type2 Features DishwasherRangeRefrigeratorWood Floors Unit Type2 Sq Ft 353

Property Features

Bank Owned YN No Capitalization Rate 6.33 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 85260 Gross Income Projected 98400 Gross Rent Multiplier 15.19 Net Income Actual 82005 Net Income Projected 96504 Occupancy Types Leased Operating Expenses Actual 26025 Operating Expenses Projected 26895 Property Condition Existing Rent Includes Trash Collection Sewer Description Public Sewer Short Sale YN No Storage Individual Storage UnitsBasement Tax Amount 7317.69 Third Party Approval YN No Unit Type1 Rent 1216 Unit Type1 Units Total 5 Unit Type2 Rent 1025 Unit Type2 Units Total 1 Zoning Cm2

Listing provided courtesy of Flat Fee Realty, Llc.


Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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. Data last updated 2021-10-15T17:40:07.897.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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