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    7616 N Hodge Ave

    Portland, OR 97203
    • $699,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 21585747
    UPDATED: 67 min ago
    $699,000
    • 7
      BEDS
    • N/A
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Owner/User Opportunity! Imagine living in one unit and owning this entire property for less than the cost of a studio apartment rent! If you can't find a home to buy, consider owning this plex while saving money and building equity. 3 townhouse style units with covered patios. 2 fully leased two bedroom units with a larger vacant 3 bedroom unit on the end. Nicely landscaped and fenced with attached carport and large storage building. Close to University of Portland and downtown St. Johns.

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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 2021-06-12T14:39:55.877.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/117268836
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    7616 N Hodge Ave Portland, OR 97203

    • Price: $699,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 21585747
    7
    Beds
    6
    Baths
    0
    ½ Baths
    N/A
    Acres
    1979
    Built
    Neighborhood:
    Portsmouth
    County:
    Multnomah
    Area:
    141-Portland North
    Elementary School:
    Astor
    Middle School:
    Astor
    High School:
    Roosevelt
    Property Description
    Owner/User Opportunity! Imagine living in one unit and owning this entire property for less than the cost of a studio apartment rent! If you can't find a home to buy, consider owning this plex while saving money and building equity. 3 townhouse style units with covered patios. 2 fully leased two bedroom units with a larger vacant 3 bedroom unit on the end. Nicely landscaped and fenced with attached carport and large storage building. Close to University of Portland and downtown St. Johns.
    Exterior Features

    Exterior Description T-111 Siding Lot Description Level Lot Size 7000 To 9999 Sqft Parking Features Carport Roof Type Composition View YN No Water Description Public

    Interior Features

    Foundation Details Slab Heating Description Baseboard Hot Water Description Electricity Unit Features DeckDishwasherHardwood FloorsRefrigeratorWasher/Dryer HookupWasher/Dryer Unit Type1 Features DeckHardwood FloorsRefrigeratorWasher/Dryer Unit Type1 Sq Ft 1232 Unit Type2 Features DishwasherRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 1024 Unit Type3 Features DishwasherRefrigeratorWasher/Dryer Hookup Unit Type3 Sq Ft 1024

    Property Features

    Bank Owned YN No Capitalization Rate 4.19 Country Us Fuel Description Electricity Gross Income Actual 51300 Gross Income Projected 54000 Gross Rent Multiplier 13.63 Net Income Actual 29300 Net Income Projected 34000 Occupancy Types LeasedVacant Operating Expenses Actual 22000 Operating Expenses Projected 22432 Rent Includes Trash CollectionSewerWaterMaintenance Grounds Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 8801.47 Third Party Approval YN No Unit Type1 Rent 1700 Unit Type1 Units Total 1 Unit Type2 Rent 1350 Unit Type2 Units Total 1 Unit Type3 Rent 1225 Unit Type3 Units Total 1 Zoning Rm1

    Listing provided courtesy of City And State Real Estate.


    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 2021-06-12T14:39:55.877.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