Description
Solid investment in sought after Concordia neighborhood, 2 blocks to old Concordia U, being purchased by U of Oregon. Maintained mid-century with brand new roof + exterior paint. Low maintenance + taxes = low operation expenses. 10K lot, RM1 zoning allows for more units + development, + opportunity to acquire vacant lot next door from the City of Portland. Ask your agent for details. 6 covered parking , 5 storage units. $5575 monthly rent. 6% CAP. All payments current. Owner/Broker.
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8BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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2,992SQFT
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$276$/SQFT
School Information
Description
Solid investment in sought after Concordia neighborhood, 2 blocks to old Concordia U, being purchased by U of Oregon. Maintained mid-century with brand new roof + exterior paint. Low maintenance + taxes = low operation expenses. 10K lot, RM1 zoning allows for more units + development, + opportunity to acquire vacant lot next door from the City of Portland. Ask your agent for details. 6 covered parking , 5 storage units. $5575 monthly rent. 6% CAP. All payments current. Owner/Broker.
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Listing provided courtesy of Living Room Realty.