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    6045 NE Simpson St

    Portland, OR 97218
    • $1,389,000
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 21113589
    UPDATED: 37 min ago
    $1,389,000
    • 11
      BEDS
    • N/A
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    • 2,582
      SQFT
    • $538
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2003
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Turn-Key Cash Flow Opportunity, legally 8 units with an additional 3 units that are rentable. Annual Gross Income: $100,000.

    Monthly Payment Calculator



    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 2021-07-28T19:39:58.703.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/116813101
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    6045 NE Simpson St Portland, OR 97218

    • Price: $1,389,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 21113589
    11
    Beds
    9
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,582
    SQFT
    $538
    $/SQFT
    2003
    Built
    Neighborhood:
    142-Portland Northeast
    County:
    Multnomah
    Area:
    142-Portland Northeast
    Elementary School:
    Rigler
    Middle School:
    Beaumont
    High School:
    Other
    Property Description
    Turn-Key Cash Flow Opportunity, legally 8 units with an additional 3 units that are rentable. Annual Gross Income: $100,000.
    Exterior Features

    Exterior Description CedarCement Siding Lot Description Level Lot Size 10000 To 14999 Sqft Parking Features Assigned Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Finished Cooling Description Window Unit(S) Foundation Details SlabConcrete Perimeter Heating Description Wall Furnace Hot Water Description Electricity Unit Features MicrowaveRangeRefrigerator Unit Type1 Features MicrowaveRangeRefrigerator Unit Type2 Features MicrowaveRangeRefrigerator Unit Type3 Features MicrowaveRangeRefrigerator

    Property Features

    Bank Owned YN No Capitalization Rate 1.84 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 99060 Gross Income Projected 114000 Gross Rent Multiplier 14.02 Net Income Actual 25570 Occupancy Types LeasedMonth To Month Operating Expenses Actual 15000 Property Condition Existing Rent Includes None Security Features None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 13449.54 Third Party Approval YN No Unit Type1 Rent 1050 Unit Type1 Units Total 1 Unit Type10 Rent 500 Unit Type10 Units Total 1 Unit Type2 Rent 1100 Unit Type2 Units Total 1 Unit Type3 Rent 1050 Unit Type3 Units Total 1 Unit Type4 Rent 1125 Unit Type4 Units Total 1 Unit Type5 Rent 500 Unit Type5 Units Total 1 Unit Type6 Rent 850 Unit Type6 Units Total 1 Unit Type7 Rent 850 Unit Type7 Units Total 1 Unit Type8 Rent 825 Unit Type8 Units Total 1 Unit Type9 Rent 600 Unit Type9 Units Total 1 Zoning R3

    Listing provided courtesy of Keller Williams Realty Portland Premiere.


    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 2021-07-28T19:39:58.703.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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