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- MLS#20282959
- TypeMulti-Family
- CountyMULTNOMAH
- CityPortland
- AreaPortland Northeast
- NeighborhoodCULLY ASSOCIATION OF NEIGHBORS
- Zip97218
- Style
- Year Built1979
- Taxes6589
- Price$ 799,900
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3120
Listing Provided Courtesy Of:
Realty One Group Prestige
Property Description
Below market rents & fully occupied with long-term tenants. Immediate value with rent bump. Excellent ARV opportunity. Property features 2 separate duplexes on 2 tax lots. Zoning for 1 lot is RM1, which supports up to 5 additional units. Zoning for the other is CM1, which also supports additional units. Each unit has 2 bedrooms, fireplace, wash/dry hookups, & upgraded fixtures in kitchens & bathrooms. Located on the TriMet bus line near shopping & restaurants. Please do not disturb tenants.
Elementary School | Middle School | High School |
---|---|---|
Scott Elementary School | Roseway Heights Middle School | Madison High School |
Price History | |
---|---|
10/2/2020 | Listed $850,000 |
10/22/2020 | 3% - $824,900 |
1/8/2021 | 4% - $799,900 |
General Features
Heating | Baseboard |
---|---|
MLS Area | Portland Northeast |
Property Type | Multi Family |
Roof | Composition |
Sewer | Public Sewer |
Subdivision Name | CULLY ASSOCIATION OF NEIGHBORS |
Terms | Cash, Conventional, Owner Will Carry, Contract |
Total Units | 4 |
Video Tour Y/N | No |
Zoning | CM1/RM1 |
Interior Features
Fueldescription | Electricity |
---|---|
Hot Water | Electricity |
Sqftapproximatebuildingtotal | 3120 |
Unit 1 Baths Total | 1 |
Unit 2 Baths Total | 1 |
Unit 2 Beds Total | 2 |
Unit 3 Baths Total | 1 |
Unit 3 Beds Total | 2 |
Unit 4 Baths Total | 1 |
Unit 4 Beds Total | 2 |
Unit Features | Dishwasher, Fireplace, Range, Refrigerator |
Unittype1sqft | 780 |
Unittype1unitstotal | 1 |
Unittype2sqft | 780 |
Unittype2unitstotal | 1 |
Unittype3sqft | 780 |
Unittype3unitstotal | 1 |
Unittype4sqft | 780 |
Unittype4unitstotal | 1 |
Exterior Features
Exterior Description | T-111 Siding |
---|---|
Foundation Details | Concrete Perimeter |
Lot Features | On Busline |
Lot Size | 10, 000 to 14, 999 SqFt |
View Y/N | No |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool