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    7423 N Vincent Ave

    Portland, OR 97217
    • $895,000
    • STATUS: Active
    • ON SITE: 128 days
    • MLS #: 21554846
    $895,000
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 3,240
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Charming brick 5 plex in a great location. All units have 1 BR/1BA. Currently rented for $800/month. Partial basement with storage and coin-op owned washer and dryer. Income approx $1,200 per year. There is $8,000 annual income from the cell tower equipment lease. There is also a billboard annual lease of $1,500.

    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 2021-07-30T23:39:46.63.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/115427876
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    7423 N Vincent Ave Portland, OR 97217

    • Price: $895,000
    • Status: Active
    • MLS #: 21554846
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,240
    SQFT
    $276
    $/SQFT
    1946
    Built
    Neighborhood:
    Arbor Lodge
    County:
    Multnomah
    Area:
    141-Portland North
    Elementary School:
    Chief Joseph
    Middle School:
    Ockley Green
    High School:
    Roosevelt
    Property Description
    Charming brick 5 plex in a great location. All units have 1 BR/1BA. Currently rented for $800/month. Partial basement with storage and coin-op owned washer and dryer. Income approx $1,200 per year. There is $8,000 annual income from the cell tower equipment lease. There is also a billboard annual lease of $1,500.
    Exterior Features

    Exterior Description Brick Lot Description On BuslineCorner LotLevel Lot Size 7000 To 9999 Sqft Parking Features Open Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Partial BasementPartially Finished Cooling Description None Foundation Details Concrete Perimeter Heating Description Forced Air Hot Water Description Gas Unit Features UnfurnishedWindow CoveringsWood Floors Unit Type1 Features UnfurnishedWindow CoveringsWood Floors Unit Type1 Sq Ft 600

    Property Features

    Bank Owned YN No Capitalization Rate 3.69 Common Amenities Laundry Country Us Fuel Description Oil Gross Income Actual 56380 Gross Income Projected 79180 Gross Rent Multiplier 15.87 Net Income Actual 33052 Net Income Projected 54252 Occupancy Types Month To Month Operating Expenses Actual 23328 Operating Expenses Projected 24928 Property Condition Existing Rent Includes Trash CollectionHeatWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 5632.53 Third Party Approval YN No Unit Type1 Rent 800 Unit Type1 Units Total 5 Zoning Cm1

    Listing provided courtesy of Georgetown Realty Inc..


    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 2021-07-30T23:39:46.63.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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