Located in picturesque Mt. Tabor neighborhood this 6-plex offers a unique opportunity to invest in one of Portland's most active submarkets. The property consists of 5 spacious 2 bed/1 bath units, 1 large 3 bed/2 bath unit, covered parking, storage closets for each unit, bike storage & laundry facility. 4 units have balconies & 3 bed unit has a private backyard. Minutes to Mt Tabor Park, shopping, restaurants, public transportation.
Off market
Street View
Price Unknown
319 NE 62nd Ave, Portland, OR 97213
5beds
3baths
5,276sqft
MultiFamily
Built in 1970
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Individual Storage Units
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,276 sqft
Property
Features
- Patio & porch: Deck
Details
- Zoning: R 1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 2964
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
- FireplaceYN: true
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 6
- Roof: Composition
- Zoning: R 1
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- LaundryFeatures: Common Area
- CapRate: 4.60
- PropertyCondition: Existing
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- TaxAnnualAmount: 14208.00
- GrossIncome: 100400
- GrossScheduledIncome: 114320
- NetOperatingIncome: 68538
- OperatingExpense: 28874
- TotalActualRent: 2964