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4165 SE Cesar E Chavez Blvd

Portland, OR 97202
  • $640,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 21118511
Price Reduced
UPDATED: 11 min ago
$640,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,592
    SQFT
  • $247
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic rare townhouse style triplex tucked away on a quiet flag lot with plenty of off street parking. Units are all two bed one bath with remodeled kitchens and bathrooms. Each tenant enjoys their own washer and dryer and private backyard. 75 Bike score and steps to Gladstone hub. Great opportunity to raise rents to market to achieve a 5% cap rate! R1 zoning with plenty of room to develop.

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Listing content is copyright © 2022 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 2022-01-24T23:39:33.54.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/124705092
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4165 SE Cesar E Chavez Blvd Portland, OR 97202

  • Price: $640,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 11 min ago
  • MLS #: 21118511
6
Beds
3
Baths
0
½ Baths
N/A
Acres
2,592
SQFT
$247
$/SQFT
1977
Built
Neighborhood:
Creston / Kenilworth
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Grout
Middle School:
Hosford
High School:
Cleveland
Property Description
Fantastic rare townhouse style triplex tucked away on a quiet flag lot with plenty of off street parking. Units are all two bed one bath with remodeled kitchens and bathrooms. Each tenant enjoys their own washer and dryer and private backyard. 75 Bike score and steps to Gladstone hub. Great opportunity to raise rents to market to achieve a 5% cap rate! R1 zoning with plenty of room to develop.
Exterior Features

Exterior Description Cement Siding Lot Description LevelPrivateFlag Lot Lot Size 7000 To 9999 Sqft Parking Features OpenPaved Roof Type Composition View YN No Water Description Public Water

Interior Features

Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type1 Sq Ft 832 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 832 Unit Type3 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type3 Sq Ft 832

Property Features

Bank Owned YN No Capitalization Rate 3.85 Country Us Fuel Description Electricity Gross Income Actual 41000 Gross Income Projected 50400 Gross Rent Multiplier 15.61 Net Income Actual 24668 Net Income Projected 34021 Occupancy Types LeasedMonth To Month Operating Expenses Actual 16332 Operating Expenses Projected 16379 Property Condition Approximately Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 7688.13 Third Party Approval YN No Unit Type1 Rent 1200 Unit Type1 Units Total 1 Unit Type2 Rent 1175 Unit Type2 Units Total 1 Unit Type3 Rent 1125 Unit Type3 Units Total 1 Zoning R1

Listing provided courtesy of Living Room Realty.


Listing content is copyright © 2022 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 2022-01-24T23:39:33.54.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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