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6045 NE Simpson St

Portland, OR 97218
  • $1,389,000
  • STATUS: Active
  • ON SITE: 87 days
  • MLS #: 21113589
UPDATED: 47 min ago
$1,389,000
  • 11
    BEDS
  • N/A
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 2,582
    SQFT
  • $538
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2003
County:

School Information

Elementary School:
Middle School:
High School:

Description

Turn-Key Cash Flow Opportunity, legally 8 units with an additional 3 units that are rentable. Annual Gross Income: $100,000.

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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 2021-07-31T23:40:11.207.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/116813101
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6045 NE Simpson St Portland, OR 97218

  • Price: $1,389,000
  • Status: Active
  • Updated: 47 min ago
  • MLS #: 21113589
11
Beds
9
Baths
0
½ Baths
N/A
Acres
2,582
SQFT
$538
$/SQFT
2003
Built
Neighborhood:
142-Portland Northeast
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Rigler
Middle School:
Beaumont
High School:
Other
Property Description
Turn-Key Cash Flow Opportunity, legally 8 units with an additional 3 units that are rentable. Annual Gross Income: $100,000.
Exterior Features

Exterior Description CedarCement Siding Lot Description Level Lot Size 10000 To 14999 Sqft Parking Features Assigned Roof Type Composition View YN No Water Description Public

Interior Features

Basement Finished Cooling Description Window Unit(S) Foundation Details SlabConcrete Perimeter Heating Description Wall Furnace Hot Water Description Electricity Unit Features MicrowaveRangeRefrigerator Unit Type1 Features MicrowaveRangeRefrigerator Unit Type2 Features MicrowaveRangeRefrigerator Unit Type3 Features MicrowaveRangeRefrigerator

Property Features

Bank Owned YN No Capitalization Rate 1.84 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 99060 Gross Income Projected 114000 Gross Rent Multiplier 14.02 Net Income Actual 25570 Occupancy Types LeasedMonth To Month Operating Expenses Actual 15000 Property Condition Existing Rent Includes None Security Features None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 13449.54 Third Party Approval YN No Unit Type1 Rent 1050 Unit Type1 Units Total 1 Unit Type10 Rent 500 Unit Type10 Units Total 1 Unit Type2 Rent 1100 Unit Type2 Units Total 1 Unit Type3 Rent 1050 Unit Type3 Units Total 1 Unit Type4 Rent 1125 Unit Type4 Units Total 1 Unit Type5 Rent 500 Unit Type5 Units Total 1 Unit Type6 Rent 850 Unit Type6 Units Total 1 Unit Type7 Rent 850 Unit Type7 Units Total 1 Unit Type8 Rent 825 Unit Type8 Units Total 1 Unit Type9 Rent 600 Unit Type9 Units Total 1 Zoning R3

Listing provided courtesy of Keller Williams Realty Portland Premiere.


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 2021-07-31T23:40:11.207.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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Beach Loop Realty
535 2nd Street SE
Bandon OR, 97411