Stabilized multifamily investment with additional development potential for sale in St. John's Portland. This property entails 17 units in two buildings on 43,320 SF of land. This consists of a 1BR/1BA and 2BR/1BA unit mix. The property has new concrete, plank siding, newer roof, stair treads and windows. St. John's location is by downtown and the St. John's Bridge/Cathedral Bridge.
Off market
$1,023,000
6804 N Richmond Ave, Portland, OR 97203
3beds
--sqft
MultiFamily
Built in 1975
-- sqft lot
$1,023,000 Zestimate®
$--/sqft
$2,120 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Property
Lot
- Size: 0.46 Acres
Details
- Zoning: R1 & R2
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1975
- Major remodel year: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- HeatingYN: true
- NumberOfUnitsTotal: 17
- NumberOfUnitsInCommunity: 17
- YearBuiltEffective: 1975
- AssociationAmenities: Laundry
- CurrentFinancing: Call Listing Agent
- CommunityFeatures: Laundry
- ExteriorFeatures: Individual Storage Units
- CapRate: 4.59
- Zoning: R1 & R2
- GrossIncome: 209145
- OperatingExpense: 76404
- MlsStatus: Pending
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Estimated market value
$1,023,000