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8537 N Saint Louis Ave

Portland, OR 97203
  • $3,200,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 21113654
UPDATED: 54 min ago
$3,200,000
  • 3
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 7,228
    SQFT
  • $443
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Information

Elementary School:
Middle School:

Description

Golden Parachute 1031 dream property. Perfect for investors looking for creative way to allocate funds or set up a Real Estate Trust. STABILIZED 12 unit multifamily in core of St. Johns. 6 Fee Simple Townhomes w/ ADUs. Spacious floorplans w/ private top floor balconies in all 1 & 2 beds. Hard surface finishes, washer/dryer in all, outdoor common area, energy efficient appliances & townhomes separately metered for water, sewer electricity. 1-year builder warranty & Earth Advantage Certified!

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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 2022-01-26T23:39:40.83.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/121235571
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8537 N Saint Louis Ave Portland, OR 97203

  • Price: $3,200,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 54 min ago
  • MLS #: 21113654
3
Beds
8
Baths
0
½ Baths
N/A
Acres
7,228
SQFT
$443
$/SQFT
2021
Built
Neighborhood:
St Johns
County:
Multnomah
Area:
141-Portland North
Elementary School:
Sitton
Middle School:
George
Property Description
Golden Parachute 1031 dream property. Perfect for investors looking for creative way to allocate funds or set up a Real Estate Trust. STABILIZED 12 unit multifamily in core of St. Johns. 6 Fee Simple Townhomes w/ ADUs. Spacious floorplans w/ private top floor balconies in all 1 & 2 beds. Hard surface finishes, washer/dryer in all, outdoor common area, energy efficient appliances & townhomes separately metered for water, sewer electricity. 1-year builder warranty & Earth Advantage Certified!
Exterior Features

Lot Description Level Lot Size 5000 To 6999 Sqft Parking Features Off Site View YN No Water Description Public

Interior Features

Cooling Description Wall Unit(S) Heating Description Mini Split Hot Water Description Electricity Unit Type1 Sq Ft 803 Unit Type2 Sq Ft 896 Unit Type3 Sq Ft 370

Property Features

Bank Owned YN No Capitalization Rate 4.48 Country Us Fuel Description Electricity Gross Income Actual 200520 Gross Rent Multiplier 15.96 Net Income Actual 143482 Operating Expenses Actual 57038 Rent Includes Trash CollectionSewerWater Sewer Description Public Sewer Short Sale YN No Tax Amount 298.38 Third Party Approval YN No Unit Type1 Rent 1623 Unit Type1 Units Total 4 Unit Type2 Rent 1795 Unit Type2 Units Total 2 Unit Type3 Rent 1120 Unit Type3 Units Total 6 Zoning Rm2

Listing provided courtesy of City And State Real Estate.


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 2022-01-26T23:39:40.83.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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