Well maintained turn-key investment property with 6 rental apts, ground floor commercial retail space and food cart pod. Fully rented with great cash flow. Reasonable rents with Units sub-metered for water. Great cap rate. Units shown subject to accepted offer. Three units could be converted to 2 beds. Buyer to confirm. **PLEASE DO NOT DISTURB TENANTS** Ask your agent to download financials.
Off market
$1,131,300
6965 N Fessenden St, Portland, OR 97203
6beds
8,775sqft
MultiFamily
Built in 1912
-- sqft lot
$1,131,300 Zestimate®
$129/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 7
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Refrigerator, Range
Interior area
- Total interior livable area: 8,775 sqft
Property
Lot
- Size: 6,641 sqft
Details
- Parcel number: R151492
- Zoning: CM1
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1912
- Major remodel year: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security Gate, Entry
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- HeatingYN: true
- Roof: Flat
- Heating: Zoned
- NumberOfUnitsTotal: 7
- CurrentFinancing: Conventional, Cash
- StoriesTotal: 2
- NumberOfUnitsInCommunity: 7
- ParkingFeatures: Assigned
- Zoning: CM1
- YearBuiltEffective: 1912
- InteriorFeatures: Refrigerator, Range
- ExteriorFeatures: Individual Storage Units
- SecurityFeatures: Security Gate, Entry
- MlsStatus: Pending
- CapRate: 8.99
- GrossIncome: 104700
- OperatingExpense: 14918
Services availability
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Estimated market value
$1,131,300