Rare investment opportunity in booming Foster Powell! This renovated duplex boasts new kitchens, roof, plumbing, HVAC, electric, finishes and much more. Each two bedroom, one bath unit has separate power, gas and furnaces. Walk to amazing local restaurants and food carts. Commercial zoning provides for a wide range of uses. Proforma Net Operating Income of $33,418 and a 6.07% Cap if units are rented at $1,700.00 each. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10071703]
Sold
$549,900
7700-7702 SE Mitchell St, Portland, OR 97206
4beds
1,693sqft
Multi Family
Built in 1919
-- sqft lot
$552,300 Zestimate®
$325/sqft
$1,920 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 06, 2022 at 09:07pm
Listed by:
Devin Bourne devin@bespokenw.com,
Bespoke Realty
Bought with:
Andrew Vidulich
Works Real Estate
Source: RMLS (OR),MLS#: 22442331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Dishwasher, Range, Refrigerator, Tankless Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Finished
Interior area
- Total structure area: 1,693
- Total interior livable area: 1,693 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved, RV Access/Parking
Lot
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: R702040
- Zoning: CE
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1919
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 3400
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Services availability
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Estimated market value
$552,300