Located at the corner of SE 70th and Clatsop, this fully occupied duplex backs to Clatsop Park and is covenant to shopping and public transportation. The 8535-unit has been completely remodeled with updated kitchen, bath and floor coverings. The 8537-unit has a long-term tenant and has been continuously occupied since 4/2007. The huge, 950sq (aprox) shop is separately metered for electric and offers a variety of uses for additional income. Additional boat/RV parking is also available on the 8220sq lot. Income 8535 - $495 (6-mo lease)8537 - $495 (M-to-M)Shop - $200 (owner-occ)Scheduled Gross Annual Income - $14,280 Repair/Maintenance/Utility Expense - $1,453Taxes - $2316Insurance - $600 (est.) Gross Annual Expense - $4,369GRM 12.25 *GAE excludes Capital & Management expense
Off market
Street View
$351,000
8535 SE 70th Ave, Portland, OR 97206
1beds
1baths
650sqft
MultiFamily
Built in 1970
-- sqft lot
$351,000 Zestimate®
$540/sqft
$1,459 Estimated rent
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Estimated market value
$351,000