3905 SE 54TH Ave

    Portland, OR 97206
    • $760,000
    • STATUS: Sold
    • ON SITE: 191 days
    • MLS #: 19265381
    Sold - 05/22/2019
    $760,000
    SOLD - 05/22/2019
    • 6
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Close-in 4-plex at 54th and Foster in the heart of the vibrant Foster-Powell (FOPO) neighborhood. Four nicely laid out floor plans, fully leased! Well maintained & great amenities, new roof, and mostly newer windows. Full unfinished basement has storage and laundry. Zonal heat for each unit. Driveway for 2 cars. Nice fenced yard area is included. Per city, full property could be developed with up to 16 units, or more zoned commercial.

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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 2019-09-19T16:59:39.83.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/92580812

    3905 SE 54TH Ave Portland, OR 97206

    • Price: $799,900
    • Status: Sold
    • Updated: 20 min ago
    • MLS #: 19265381
    6
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,400
    SQFT
    $0
    $/SQFT
    1925
    Built
    Neighborhood:
    Foster - Powell
    County:
    Multnomah
    Area:
    143-Portland Southeast
    Elementary School:
    Creston
    Middle School:
    Creston
    High School:
    Franklin
    Property Description
    Close-in 4-plex at 54th and Foster in the heart of the vibrant Foster-Powell (FOPO) neighborhood. Four nicely laid out floor plans, fully leased! Well maintained & great amenities, new roof, and mostly newer windows. Full unfinished basement has storage and laundry. Zonal heat for each unit. Driveway for 2 cars. Nice fenced yard area is included. Per city, full property could be developed with up to 16 units, or more zoned commercial.
    Exterior Features

    Garage Or Parking Spaces 2 Lot Description Level Lot Size 3000 To 4999 Sqft Roof Type Flat View YN No Water Description Public

    Interior Features

    Basement Foundation Storage Space Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherFireplaceRangeRefrigeratorStorage Unit Type1 Features DishwasherFireplaceRefrigeratorStorage Unit Type1 Sq Ft 964 Unit Type2 Features RangeRefrigeratorStorage Unit Type2 Sq Ft 683 Unit Type3 Features RangeRefrigeratorStorage Unit Type3 Sq Ft 686 Unit Type4 Features RangeRefrigeratorStorage Unit Type4 Sq Ft 426

    Property Features

    Bank Owned YN No Capitalization Rate 5.70 Country Us Fuel Description Electricity Gross Income Actual 52500 Gross Rent Multiplier 15.24 Net Income Actual 45571 Operating Expenses Actual 6929 Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Individual Storage UnitsBasement Tax Amount 4429.05 Terms Of Sale CashConventional Third Party Approval YN No Unit Type1 Rent 1250 Unit Type1 Units Total 1 Unit Type2 Rent 1200 Unit Type2 Units Total 1 Unit Type3 Rent 975 Unit Type3 Units Total 1 Unit Type4 Rent 950 Unit Type4 Units Total 1 Utilities Included Trash CollectionSewerWater Zoning Cm2

    Listing provided courtesy of Windermere Realty Trust.
    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 2019-09-19T16:59:39.83.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.
     
    Next Home Realty Connection
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