Cashflow machine! New roof in 2016, some newer windows in the last few years. 2 vacant units that are being turned over as we speak. One rent ready and the other rent ready in under 3 weeks. Occupied unit pays extra for the garage. Portland address with Gresham jurisdiction means you don't have to deal with crazy Portland regulations! Subject to interior inspection of units 11125 & 1133.
Off market
$638,700
1125 NE 162nd Ave, Portland, OR 97230
9beds
2,832sqft
MultiFamily
Built in 1971
-- sqft lot
$638,700 Zestimate®
$226/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None, Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator
Features
- Dishwasher, Refrigerator, Range, Washer/Dryer Hookup
- Flooring: Other
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,832 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Attached
- Details: Attached, Open
Features
- Exterior features: Wood
Lot
- Features: Secluded, Many Trees
Details
- Zoning: LDR-7
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1971
- Major remodel year: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard, Tank
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 3
- CurrentFinancing: Conventional, FHA, Cash, VA Loan
- Roof: Composition
- NumberOfUnitsInCommunity: 3
- Utilities: Water Available, Sewer Available, Trash Collection
- Basement: Crawl Space
- ParkingFeatures: Attached, Open
- YearBuiltEffective: 1971
- OtherParking: Attached, Open
- OpenParkingYN: true
- Zoning: LDR-7
- InteriorFeatures: Dishwasher, Refrigerator, Range, Washer/Dryer Hookup
- LotFeatures: Secluded, Many Trees
- CapRate: 6.85
- YearBuiltDetails: Approximately
- MlsStatus: Pending
- GrossIncome: 52020
- GrossScheduledIncome: 53220
- OperatingExpense: 17755
Services availability
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Estimated market value
$638,700