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11018 E Burnside St

Portland, OR 97216
  • $795,000
  • STATUS: Active
  • ON SITE: 84 days
  • MLS #: 21531084
UPDATED: 35 min ago
$795,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Information

Elementary School:
Middle School:
High School:

Description

4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.

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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 2021-08-03T06:39:54.783.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/116949605
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11018 E Burnside St Portland, OR 97216

  • Price: $795,000
  • Status: Active
  • Updated: 35 min ago
  • MLS #: 21531084
8
Beds
4
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
Gateway
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Ventura Park
Middle School:
Floyd Light
High School:
David Douglas
Property Description
4-plex on mass transit line - oversize lot with potential to add additional units. Excellent rental history - new roof added on late 2019. Each 822 sq. ft unit has 2 bedrooms, 1 bath - equipped with stove, fridge, hookups for Washer & Dryer, Disposal. Fenced with lockable gates. Financial documents for the last three years available upon request through your favorite Realtor.
Exterior Features

Exterior Description BrickWood Siding Lot Description LevelLight Rail Lot Size 5000 To 6999 Sqft Parking Features Assigned Roof Type Composition View YN No Water Description Public

Interior Features

Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type1 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 822 Unit Type2 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 822 Unit Type3 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type3 Sq Ft 822 Unit Type4 Features DishwasherDisposalRefrigeratorWasher/Dryer Hookup Unit Type4 Sq Ft 822

Property Features

Bank Owned YN No Capitalization Rate 4.74 Country Us Fuel Description Electricity Gross Income Actual 55000 Gross Income Projected 56000 Gross Rent Multiplier 14.45 Net Income Actual 37663 Net Income Projected 38000 Occupancy Types Month To Month Operating Expenses Actual 17029 Operating Expenses Projected 17029 Property Condition Approximately Rent Includes Trash CollectionMaintenance Grounds Security Features Security Lights Sewer Description Public Sewer Short Sale YN No Tax Amount 6958.82 Third Party Approval YN No Unit Type1 Rent 1295 Unit Type1 Units Total 1 Unit Type2 Rent 1295 Unit Type2 Units Total 1 Unit Type3 Rent 1325 Unit Type3 Units Total 1 Unit Type4 Rent 950 Unit Type4 Units Total 1 Zoning R2

Listing provided courtesy of First Class Properties.


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 2021-08-03T06:39:54.783.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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535 2nd Street SE
Bandon OR, 97411