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4751 NE 99TH Ave

Portland, OR 97220
  • $1,050,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 22014082
UPDATED: 132 min ago
$1,050,000
  • 11
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,900
    SQFT
  • $269
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Information

Elementary School:
Middle School:
High School:

Description

Well maintained 5-plex in desirable Parkrose. This fully rented investment property has 3 beautifully updated units, new plumbing, a newer roof and an oversized R-1 lot for more future development. This truly a fabulous investment with a ton of upside potential.

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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 2022-05-22T23:39:46.733.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/126805410
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4751 NE 99TH Ave Portland, OR 97220

  • Price: $1,050,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 132 min ago
  • MLS #: 22014082
11
Beds
5
Baths
0
½ Baths
N/A
Acres
3,900
SQFT
$269
$/SQFT
1966
Built
Neighborhood:
Parkrose
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Prescott
Middle School:
Parkrose
High School:
Parkrose
Property Description
Well maintained 5-plex in desirable Parkrose. This fully rented investment property has 3 beautifully updated units, new plumbing, a newer roof and an oversized R-1 lot for more future development. This truly a fabulous investment with a ton of upside potential.
Exterior Features

Exterior Description Wood Siding Lot Description Level Lot Size 10000 To 14999 Sqft Parking Features AssignedPaved 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 DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type1 Features DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type1 Sq Ft 750 Unit Type2 Features DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type2 Sq Ft 750 Unit Type3 Features DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type3 Sq Ft 750 Unit Type4 Features DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type4 Sq Ft 750 Unit Type5 Features DishwasherRangeWasher/Dryer HookupWasher/Dryer Unit Type5 Sq Ft 900

Property Features

Bank Owned YN No Capitalization Rate 5.01 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 74196 Gross Income Projected 82800 Gross Rent Multiplier 14.15 Net Income Actual 52597 Net Income Projected 59663 Operating Expenses Actual 21599 Operating Expenses Projected 23137 Property Condition Updated/Remodeled Rent Includes Trash CollectionMaintenance Grounds Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 6594.48 Third Party Approval YN No Unit Type1 Rent 1177 Unit Type1 Units Total 1 Unit Type2 Rent 1300 Unit Type2 Units Total 1 Unit Type3 Rent 1450 Unit Type3 Units Total 1 Unit Type4 Rent 1046 Unit Type4 Units Total 1 Unit Type5 Rent 1550 Unit Type5 Units Total 1 Zoning Rm1

Listing provided courtesy of John L. Scott Ne Portland.


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 2022-05-22T23:39:46.733.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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