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10227 NE Oregon St

Portland, OR 97220
  • $479,000
  • STATUS: Active
  • ON SITE: 59 days
  • MLS #: 21065773
UPDATED: 54 min ago
$479,000
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,592
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:

Description

Don't pass up this great investment opportunity! Plenty of room to increase income! Tenants pay water/sewer. Duplex - both units are tenant occupied. Long term tenants would like to stay. No income lost during the pandemic. Please do not disturb tenants! One unit full remodel in 2020. Convenient location, attached garages, yard and patio behind each unit. A great opportunity waiting! Buyer to cooperate with seller 1031 exchange at no cost to buyer. Interior inspection with accepted offer only.

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Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-08-04T16:40:09.083.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
www.beachlooprealty.com/homes/117947700
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10227 NE Oregon St Portland, OR 97220

  • Price: $479,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 21065773
4
Beds
2
Baths
0
½ Baths
N/A
Acres
2,592
SQFT
$185
$/SQFT
1979
Built
Neighborhood:
142-Portland Northeast
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Ventura Park
Middle School:
Floyd Light
High School:
David Douglas
Property Description
Don't pass up this great investment opportunity! Plenty of room to increase income! Tenants pay water/sewer. Duplex - both units are tenant occupied. Long term tenants would like to stay. No income lost during the pandemic. Please do not disturb tenants! One unit full remodel in 2020. Convenient location, attached garages, yard and patio behind each unit. A great opportunity waiting! Buyer to cooperate with seller 1031 exchange at no cost to buyer. Interior inspection with accepted offer only.
Exterior Features

Exterior Description Vinyl Siding Lot Description Level Lot Size 7000 To 9999 Sqft Parking Features AttachedGarage Roof Type Composition View YN No Water Description Public

Interior Features

Basement Crawl Space Foundation Details Stem WallConcrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 944 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 944

Property Features

Bank Owned YN No Capitalization Rate 3.18 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 24810 Gross Income Projected 33600 Gross Rent Multiplier 19.31 Net Income Actual 15230 Net Income Projected 26180 Occupancy Types Leased Operating Expenses Actual 7420 Operating Expenses Projected 7420 Property Condition Existing Rent Includes Trash Collection Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Garage(S) Tax Amount 4739.38 Third Party Approval YN No Unit Type1 Rent 1480 Unit Type1 Units Total 1 Unit Type2 Rent 1100 Unit Type2 Units Total 1 Zoning Rm2d

Listing provided courtesy of Homesmart Realty Group.


Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-08-04T16:40:09.083.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
 
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