Turnkey investment w/GRM of 13 = cash flow! Beautifully built Midcentury with a fully permitted brand new 1050sf 2br ADU down, stylish 2br w/ new kitchen up. Rent was discounted for construction, and does not include garage. Market rent with garage should be 1600. Separate fenced yards. 6" gutters & downspouts: all construction was done to minimize long term maintenance, Seller was planning to keep this one!
Off market
$568,100
506 NE 114th Ave, Portland, OR 97220
4beds
2baths
2,360sqft
MultiFamily
Built in 1951
-- sqft lot
$568,100 Zestimate®
$241/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heat pump
Features
- Flooring: Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,360 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 10,018 sqft
Details
- Parcel number: R270368
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1951
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- FuelDescription: Electricity
- HotWaterDescription: Electricity
- ListingStatus: Pending
- ParkingDescription: Open, Garage
- PropertyCategory: MultiFamily
- UnitFeatures: Washer/Dryer Hookup, Air Conditioning
- UnitType1Features: Washer/Dryer Hookup, Air Conditioning
- UnitType2Features: Washer/Dryer Hookup
- UtilitiesIncluded: Sewer, Water
- HeatingDescription: Ductless
- UnitTypeType: 1, 2
- WaterDescription: Public
- RoofType: Composition
- StandardStatus: Pending
Services availability
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Estimated market value
$568,100