7224 NE Broadway

    Portland, OR 97213
    • $573,000
    • STATUS: Sold
    • ON SITE: 115 days
    • MLS #: 19496053
    Sold - 05/17/2019
    $573,000
    SOLD - 05/17/2019
    • 5
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,944
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great plug n' play investment opportunity. Mid Century brick Tri-Plex in Montavilla. Tenant occupied and professionally managed for 10+ years. Units include two, 2 bed 1 bath & one 1 bed 1 bath. This building pre-tax NETS $34,245 a year. Financials and rent roll available. Interiors are in good shape. Each unit has its own basement with laundry and generous storage. One garage per unit with off street parking. One block from bus lines.

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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 2019-08-25T10:59:16.43.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/94264034

    7224 NE Broadway Portland, OR 97213

    • Price: $600,000
    • Status: Sold
    • Updated: 63 min ago
    • MLS #: 19496053
    5
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,944
    SQFT
    $0
    $/SQFT
    1957
    Built
    Neighborhood:
    Montavilla
    County:
    Multnomah
    Area:
    142-Portland Northeast
    Elementary School:
    Vestal
    Middle School:
    Vestal
    High School:
    Madison
    Property Description
    Great plug n' play investment opportunity. Mid Century brick Tri-Plex in Montavilla. Tenant occupied and professionally managed for 10+ years. Units include two, 2 bed 1 bath & one 1 bed 1 bath. This building pre-tax NETS $34,245 a year. Financials and rent roll available. Interiors are in good shape. Each unit has its own basement with laundry and generous storage. One garage per unit with off street parking. One block from bus lines.
    Exterior Features

    Exterior Description Brick Garage Or Parking Spaces 3 Lot Description Level Lot Size 5000 To 6999 Sqft Parking Description Off SiteGarage Roof Type Shingle View YN No Water Description Public

    Interior Features

    Basement Foundation Full Basement Heating Description Forced Air Hot Water Description Electricity Unit Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type1 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type1 Sq Ft 653 Unit Type2 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 881 Unit Type3 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type3 Sq Ft 851

    Property Features

    Bank Owned YN No Capitalization Rate 4.73 CCRs YN No Country Us Fuel Description Oil Gross Income Actual 42483 Gross Rent Multiplier 14.12 Net Income Actual 28381 Operating Expenses Actual 15492 Seller Disclosure Exempt Sewer Description Public Sewer Short Sale YN No Storage Garage(S)Basement Tax Amount 6046.20 Terms Of Sale Cash Third Party Approval YN No Unit Type1 Rent 1250 Unit Type1 Units Total 1 Unit Type2 Rent 1250 Unit Type2 Units Total 1 Unit Type3 Rent 1295 Unit Type3 Units Total 1 Utilities Included None Zoning R-2

    Listing provided courtesy of Hasson Company.
    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 2019-08-25T10:59:16.43.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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