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    900 NE 91ST Ave

    Portland, OR 97220
    • $699,900
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 21243137
    $699,900
    • 5
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,096
      SQFT
    • $171
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Information

    Middle School:

    Description

    3-unit investment opportunity in Montevilla is comprised of a 1926 detached house and 2005 built duplex. House features hard wood flooring, jack & jill bathroom and large unfinished basement. Duplex units are well-kept 3 bedroom / 2.5 bath with quality finishes, newer flooring, stainless appliances, gas fireplaces and fenced yards. Upside in rents presents an excellent an investment opportunity. Sellers to perform a 1031 exchange at no cost to buyer.

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    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 2021-09-27T23:39:52.157.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/118856839
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    900 NE 91ST Ave Portland, OR 97220

    • Price: $699,900
    • Status: Active
    • MLS #: 21243137
    5
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,096
    SQFT
    $171
    $/SQFT
    1924
    Built
    Neighborhood:
    142-Portland Northeast
    County:
    Multnomah
    Area:
    142-Portland Northeast
    Middle School:
    Roseway Heights
    Property Description
    3-unit investment opportunity in Montevilla is comprised of a 1926 detached house and 2005 built duplex. House features hard wood flooring, jack & jill bathroom and large unfinished basement. Duplex units are well-kept 3 bedroom / 2.5 bath with quality finishes, newer flooring, stainless appliances, gas fireplaces and fenced yards. Upside in rents presents an excellent an investment opportunity. Sellers to perform a 1031 exchange at no cost to buyer.
    Exterior Features

    Exterior Description Wood Siding Lot Description Gentle Sloping Lot Size 7000 To 9999 Sqft Parking Features Garage Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Unfinished Foundation Details Concrete Perimeter Heating Description Forced Air Hot Water Description Gas Unit Features DishwasherFireplaceHardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type1 Features DishwasherFireplaceRangeWasher/Dryer Unit Type1 Sq Ft 1661 Unit Type2 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 774

    Property Features

    Bank Owned YN No Capitalization Rate 5.48 Country Us Fuel Description Gas Gross Income Actual 43453 Gross Income Projected 63480 Gross Rent Multiplier 16.11 Net Income Actual 38342 Net Income Projected 41486 Occupancy Types Leased Operating Expenses Actual 13927 Operating Expenses Projected 41486 Property Condition Existing Rent Includes Trash Collection Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Basement Tax Amount 9257.22 Third Party Approval YN No Unit Type1 Rent 1742 Unit Type1 Units Total 2 Unit Type2 Rent 1100 Unit Type2 Units Total 1 Zoning R2

    Listing provided courtesy of Realty Yield.


    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 2021-09-27T23:39:52.157.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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