Well maintained 10 plex in SE PDX with significant value add in rents, billbacks, garage rents and potentially converting from 2 to 3 bed units (current 5 cap proforma 8 cap buyer to do all due diligence). New 50 year architectural roof in 2019, separately metered for power and water. Huge units w detached garages and laundry in each! Close to public transit, shopping, downtown PDX, quiet off street setting.
Off market
Street View
Price Unknown
2735 SE 125th Ave, Portland, OR 97236
0beds
0baths
9,840sqft
Townhouse
Built in 1994
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Dryer
Interior area
- Total interior livable area: 9,840 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Wood
Lot
- Features: Level, Private, Secluded
Details
- Zoning: R1
Construction
Type & style
- Home type: Townhouse
Materials
- Roof: Composition
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Security System Leased
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 1050
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- RoadSurfaceType: Paved
- Zoning: R1
- Appliances: Dishwasher, Washer/Dryer, Electric Water Heater
- GarageYN: true
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- CoolingYN: true
- ConstructionMaterials: Wood Siding
- NumberOfUnitsTotal: 10
- Roof: Composition
- LotFeatures: Level, Private, Secluded
- Cooling: Window Unit(s)
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Garage, Paved
- RentIncludes: Water, Sewer, Trash Collection
- SecurityFeatures: Security System Leased
- TotalActualRent: 1050
- CapRate: 8.03
- CoListAgentEmail: bennet@bbrepdx.com
- CoListAgentFullName: Bennet Van der Genugten
- MlsStatus: Active
- GrossIncome: 176928
- NetOperatingIncome: 124439
- OperatingExpense: 57960
- Road surface type: Paved