Bought with The Broker Network, LLC
$850,000
$895,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3,240 SqFt
SOLD DATE : 10/14/2021
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $262
Subdivision Arbor Lodge
MLS Listing ID 21554846
Sold Date 10/14/21
Year Built 1946
Annual Tax Amount $5,632
Tax Year 2019
Property Description
Charming brick 5 plex in a great location. All units have 1 BR/1BA. Currently rented for $800/month. Partial basement with storage and coin-op owned washer and dryer. Income approx $1,200 per year. There is $8,000 annual income from the cell tower equipment lease. There is also a billboard annual lease of $1,500.
Location
State OR
County Multnomah
Community Laundry
Area _141
Zoning CM1
Rooms
Basement Partial Basement, Partially Finished
Interior
Heating Forced Air
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, On Busline
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Chief Joseph
Middle Schools Ockley Green
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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