Great top floor condo investment property! Earn a 7% (!) cap rate without lifting a finger. Recently updated with all new appliances included! Located at the rear of the complex, quiet and private! HOA fees cover building insurance, garbage, and exterior maintenance. Leased through August 2018 for $1250/month.Buyer to verify schools and sqft. Buyer to participate in Seller's 1031 exchange at no cost to Buyer.
Off market
$235,200
685 NE 162nd Ave #306, Portland, OR 97230
2beds
2baths
864sqft
Condo
Built in 2006
-- sqft lot
$235,200 Zestimate®
$272/sqft
$169/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Laundry, Wall to Wall Carpet
- Flooring: Tile
Interior area
- Total interior livable area: 864 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Cement / Concrete
Details
- Parcel number: R584224
Construction
Type & style
- Home type: Condo
Materials
- Roof: Other
Condition
- Year built: 2006
Community & neighborhood
Location
- Region: Portland
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $169 monthly
Other
Other facts
- AdditionalRoom2Level: Main
- Bedroom2Level: Main
- FuelDescription: Electricity
- HotWaterDescription: Electricity
- KitchenRoomLevel: Main
- LimitedRepresentationYN: Full Service
- LivingRoomLevel: Main
- MasterBedroomLevel: Main
- AdditionalRoom1Level: Main
- PropertyCategory: Residential
- ViewYN: Yes
- HeatingDescription: Zonal
- InteriorFeatures: Laundry, Wall to Wall Carpet
- 2ndBedroomFeatures: Wall to Wall Carpet, Closet
- ListingStatus: Active
- View: Trees
- WaterDescription: Public
- AllRoomFeatures: Wall to Wall Carpet, Closet, French Doors, Balcony
- HOAPaymentFreq: Monthly
- HOARentIncludes: Insurance, Maintenance Exterior, Management
- HOAYN: Yes
- AdditionalRooms: Storage, Eating Area
- LivingRoomFeatures: Wall to Wall Carpet
- MasterBedroomFeatures: Closet, Wall to Wall Carpet
- UnitLocation: Upper Floor
- AdditionalRoom1Features: French Doors, Balcony
- AdditionalRoomFeatures: French Doors, Balcony
- Style: Common
- AdditionalRoom2Description: Storage
- AdditionalRoom1Description: Eating Area
- StandardStatus: Active
- CondoRentCapYN: Yes
Services availability
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Estimated market value
$235,200