Incredible cash flow investment opportunity! These 7 adorable town-homes are fully leased with long term tenants. This 7-plex features all two story units with 3 bedrooms and 1.5 bathrooms. Brushed nickel interior finishes, all kitchen appliances, washers and dryers included. High quality construction with little to no maintenance. Bus line and Mt. Tabor park nearby. Walking score 88!
Off market
$1,627,500
8527 SE Clinton St, Portland, OR 97266
21beds
14baths
7,179sqft
MultiFamily
Built in 2015
-- sqft lot
$1,627,500 Zestimate®
$227/sqft
$80/mo HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 14
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 7,179 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 7,180 sqft
- Features: Level, Near Public Transit
Details
- Parcel number: R193359
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Existing
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $80 monthly
Other financial information
- Total actual rent: 10585
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: RES
- Appliances: Dishwasher, Refrigerator, Washer/Dryer, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected
- Heating: Zoned
- NumberOfUnitsTotal: 7
- Roof: Composition
- LotFeatures: Level, Near Public Transit
- Basement: Crawl Space
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Trash Collection
- ParkingFeatures: Paved
- CapRate: 6.53
- PropertyCondition: Existing
- MlsStatus: Pending
- CommunityFeatures: Commons
- GrossIncome: 123245
- GrossScheduledIncome: 127020
- NetOperatingIncome: 104205
- OperatingExpense: 18554
- TotalActualRent: 10585
Services availability
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Estimated market value
$1,627,500