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    315 N Bridgeton Rd

    Portland, OR 97217
    • $1,825,000
    • STATUS: Active
    • ON SITE: 176 days
    • MLS #: 21393873
    UPDATED: 56 min ago
    $1,825,000
    • 5
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    BOM no fault of Seller. Agent accompaniment required. Three apartments two are non conforming currently, one garage on land, one boat house and 26 boat slips with current layout. Docks rebuilt and new decking in 2020 with all utilities run under the deck. New floatation and stringers where needed. Potential for additional increase in revenue. Plentiful parking and storage available. This is a great opportunity to live onsite, manage and have built in income.

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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 2021-07-28T18:39:56.997.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/113810168
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    315 N Bridgeton Rd Portland, OR 97217

    • Price: $1,825,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 21393873
    5
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    1930
    Built
    Neighborhood:
    Bridgeton Neighborhood
    County:
    Multnomah
    Area:
    141-Portland North
    Elementary School:
    Faubion
    Middle School:
    Faubion
    High School:
    Jefferson
    Property Description
    BOM no fault of Seller. Agent accompaniment required. Three apartments two are non conforming currently, one garage on land, one boat house and 26 boat slips with current layout. Docks rebuilt and new decking in 2020 with all utilities run under the deck. New floatation and stringers where needed. Potential for additional increase in revenue. Plentiful parking and storage available. This is a great opportunity to live onsite, manage and have built in income.
    Exterior Features

    Exterior Description Cement Siding Lot Description LevelGated Lot Size 1 To 2.99 Acres Parking Features AttachedGuest Roof Type Composition View RiverMountain(S) View YN Yes Water Description Public Water Front YN Yes Water Name Columbia Slough Waterfront Description River Front

    Interior Features

    Basement None Foundation Details OtherConcrete Perimeter Heating Description Wall Furnace Hot Water Description ElectricityGas Unit Features DeckRangeRefrigeratorWindow CoveringsWood Floors Unit Type1 Features RangeRefrigeratorWindow CoveringsWood Floors Unit Type2 Features RangeRefrigeratorWindow CoveringsWood Floors Unit Type3 Features DeckRangeRefrigeratorWood Floors Unit Type4 Features RangeRefrigeratorWindow Coverings

    Property Features

    Bank Owned YN No Capitalization Rate 5.92 CCRs YN No Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 139248 Gross Income Projected 157368 Gross Rent Multiplier 13.11 Net Income Actual 108048 Net Income Projected 114168 Occupancy Types LeasedMonth To MonthOtherVacant Operating Expenses Actual 31200 Operating Expenses Projected 43200 Property Condition Existing Rent Includes Trash CollectionSewerWaterMaintenance Grounds School High2 Roosevelt Security Features EntrySecurity Gate Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage AttachedLocked Tax Amount 6084.10 Third Party Approval YN No Unit Type1 Rent 1595 Unit Type1 Units Total 1 Unit Type2 Rent 1624 Unit Type2 Units Total 1 Unit Type3 Rent 1100 Unit Type3 Units Total 1 Unit Type4 Rent 900 Unit Type4 Units Total 1 Unit Type5 Rent 300 Unit Type5 Units Total 26 Zoning Cg

    Listing provided courtesy of J Residential Properties.


    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 2021-07-28T18:39:56.997.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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