18 SW Porter St

    Portland, OR 97201
    • $699,950
    • STATUS: Pending
    • ON SITE: 22 days
    • MLS #: 19269049
    Under Contract
    UPDATED: 4 min ago
    $699,950
    • 4
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,779
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Information

    Elementary School:
    High School:

    Description

    Eye popping 7.8 cap rate! No sign. Do not disturb tenants. High performing close in SW triplex across from NUNM. Two BIG 2 bedroom units with 14ft ceilings and period details. One 1 bedroom unit. Big basement with excellent head room, coin-op laundry, storage units, new furnaces, new roof, new exterior paint. Fenced backyard. One off street parking space. Zoned High Rise. Check with city for development possibilities. Agent is Owner.

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    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 2019-05-20T16:59:23.373.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/94138284

    18 SW Porter St Portland, OR 97201

    • Price: $699,950
    • Status: Pending
    • Updated: 4 min ago
    • MLS #: 19269049
    4
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,779
    SQFT
    $146
    $/SQFT
    1886
    Built
    Neighborhood:
    Lair Hill
    County:
    Multnomah
    Area:
    148-Portland West/Raleigh Hills
    Elementary School:
    Ainsworth
    High School:
    Lincoln
    Property Description
    Eye popping 7.8 cap rate! No sign. Do not disturb tenants. High performing close in SW triplex across from NUNM. Two BIG 2 bedroom units with 14ft ceilings and period details. One 1 bedroom unit. Big basement with excellent head room, coin-op laundry, storage units, new furnaces, new roof, new exterior paint. Fenced backyard. One off street parking space. Zoned High Rise. Check with city for development possibilities. Agent is Owner.
    Exterior Features

    Exterior Description Wood Siding Garage Or Parking Spaces 1 Lot Description Level Lot Size 3000 To 4999 Sqft Parking Description Assigned Roof Type Composition View City View YN Yes Water Description Public

    Interior Features

    Basement Foundation Full BasementStorage Space Heating Description Forced Air Hot Water Description Gas Unit Features DishwasherHardwood FloorsRangeRefrigerator Unit Type1 Features DishwasherHardwood FloorsRangeRefrigerator Unit Type1 Sq Ft 1250 Unit Type2 Features DishwasherHardwood FloorsRangeRefrigerator Unit Type2 Sq Ft 1100 Unit Type3 Sq Ft 690 Unit Type4 Features DishwasherHardwood FloorsRangeRefrigerator

    Property Features

    Bank Owned YN No Capitalization Rate 7.86 Common Amenities Laundry Country Us Fuel Description Gas Gross Income Actual 58200 Gross Rent Multiplier 12.03 Net Income Actual 54983 Occupancy Types Leased Operating Expenses Actual 11100 Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Individual Storage UnitsBasement Tax Amount 7100.87 Third Party Approval YN No Unit Type1 Rent 1750 Unit Type1 Units Total 1 Unit Type2 Rent 1750 Unit Type2 Units Total 2 Unit Type3 Rent 1350 Unit Type3 Units Total 3 Utilities Included Trash CollectionSewerWater Year Built Description Approximately Zoning Rh

    Listing provided courtesy of High Five Properties.
    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 2019-05-20T16:59:23.373.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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