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4404 SE 99TH Ave

Portland, OR 97266
  • $900,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 22472087
UPDATED: 41 min ago
$900,000
  • 16
    BEDS
  • N/A
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 3,862
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity with endless possibilities! 3 buildings, one tax lot with 2 legal addresses on a corner with .31 acre. 7 unit apartment complex plus a single family residence currently set up as 7 single room occupancy. Keep as SRO, duplex or assisted living. Keep the existing structures, fix up or tear down and start over. All units were easy to rent in the past, are now vacant and ready for a new owner.

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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 2022-07-05T20:40:43.563.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/129019680
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4404 SE 99TH Ave Portland, OR 97266

  • Price: $900,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 41 min ago
  • MLS #: 22472087
16
Beds
10
Baths
0
½ Baths
N/A
Acres
3,862
SQFT
$233
$/SQFT
1950
Built
Neighborhood:
Lents
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Harrison Park
Middle School:
Harrison Park
High School:
Leodis Mcdaniel
Property Description
Great investment opportunity with endless possibilities! 3 buildings, one tax lot with 2 legal addresses on a corner with .31 acre. 7 unit apartment complex plus a single family residence currently set up as 7 single room occupancy. Keep as SRO, duplex or assisted living. Keep the existing structures, fix up or tear down and start over. All units were easy to rent in the past, are now vacant and ready for a new owner.
Exterior Features

Exterior Description BlockLap Siding Lot Description Corner LotLevel Lot Size 10000 To 14999 Sqft Parking Features AssignedPaved Roof Type Composition View YN No Water Description Public Water

Interior Features

Basement None Foundation Details Slab Heating Description Zoned Hot Water Description Electricity Unit Type1 Sq Ft 616 Unit Type2 Sq Ft 324 Unit Type3 Sq Ft 321 Unit Type4 Sq Ft 336 Unit Type5 Sq Ft 349 Unit Type6 Sq Ft 336 Unit Type7 Sq Ft 338 Unit Type8 Sq Ft 1242

Property Features

Bank Owned YN No Capitalization Rate 10.36 Country Us Fuel Description Electricity Gross Income Actual 148920 Gross Income Projected 153420 Gross Rent Multiplier 6.04 Net Income Actual 93199 Net Income Projected 97699 Occupancy Types Vacant Operating Expenses Actual 44537 Operating Expenses Projected 44537 Property Condition Fixer Rent Includes Trash Collection Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 11184.07 Third Party Approval YN No Unit Type1 Rent 0 Unit Type1 Units Total 1 Unit Type2 Rent 0 Unit Type2 Units Total 1 Unit Type3 Rent 0 Unit Type3 Units Total 1 Unit Type4 Rent 0 Unit Type4 Units Total 1 Unit Type5 Rent 0 Unit Type5 Units Total 1 Unit Type6 Rent 0 Unit Type6 Units Total 1 Unit Type7 Rent 0 Unit Type7 Units Total 1 Unit Type8 Rent 0 Unit Type8 Units Total 1 Zoning Rm2

Listing provided courtesy of Property Group Nw.


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 2022-07-05T20:40:43.563.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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