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9416 N Lombard St

Portland, OR 97203
  • $1,295,000
  • STATUS: Active
  • ON SITE: 30 days
  • MLS #: 21326287
Price Reduced
UPDATED: 26 min ago
$1,295,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,680
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Information

Elementary School:
Middle School:
High School:

Description

Located in St. Johns, the French Quarter 6-plex offers a unique opportunity to invest in one of Portland's most active submarkets. The single level courtyard style layout consists of one 2 bed/1 bath units, three large 3 bed/1 bath units, and two 1 bed/1 bath units. The units are technically platted as condos. Tenants enjoy spacious units with washer/dryer hookups and units that have all been renovated in the last six years. Close to parks, shopping, restaurants, public transportation.

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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 2021-06-17T19:40:04.227.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/117304137
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9416 N Lombard St Portland, OR 97203

  • Price: $1,295,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 21326287
6
Beds
3
Baths
0
½ Baths
N/A
Acres
4,680
SQFT
$277
$/SQFT
1964
Built
Neighborhood:
St Johns
County:
Multnomah
Area:
141-Portland North
Elementary School:
Sitton
Middle School:
George
High School:
Roosevelt
Property Description
Located in St. Johns, the French Quarter 6-plex offers a unique opportunity to invest in one of Portland's most active submarkets. The single level courtyard style layout consists of one 2 bed/1 bath units, three large 3 bed/1 bath units, and two 1 bed/1 bath units. The units are technically platted as condos. Tenants enjoy spacious units with washer/dryer hookups and units that have all been renovated in the last six years. Close to parks, shopping, restaurants, public transportation.
Exterior Features

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

Interior Features

Basement None Heating Description Baseboard Hot Water Description Electricity Unit Features Washer/Dryer Hookup Unit Type1 Features Washer/Dryer Hookup Unit Type1 Sq Ft 542 Unit Type2 Features Washer/Dryer Hookup Unit Type2 Sq Ft 839 Unit Type3 Features Washer/Dryer Hookup Unit Type3 Sq Ft 886

Property Features

Bank Owned YN No Capitalization Rate 4.70 CCRs YN No Country Us Fuel Description None Gross Income Actual 98005 Gross Rent Multiplier 13.21 Net Income Actual 60922 Occupancy Types LeasedMonth To Month Operating Expenses Actual 37083 Rent Includes Trash CollectionSewerWaterMaintenance Grounds Seller Disclosure Exempt Sewer Description Public Sewer Short Sale YN No Storage None Tax Amount 1917.07 Third Party Approval YN No Unit Type1 Rent 1150 Unit Type1 Units Total 2 Unit Type2 Rent 1400 Unit Type2 Units Total 1 Unit Type3 Rent 1513 Unit Type3 Units Total 3 Zoning Rm2

Listing provided courtesy of Vitality Home Realty.


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 2021-06-17T19:40:04.227.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