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About the Listing OPTT03 - SPEARBRI,PORTERBB
Updated 4-Plex with $7,740/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level,Public Road
- Garage Capacity: 1 car
- Parking Spaces: 8
- Lot Dimensions: 100' x 100'
- Zoning: R5
- Roof: Composition,Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: $7,355
- Taxes w/Assessments: N/A
- Tax/Property ID: R121542
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
7612 SE 65th Ave Portland, OR 97206
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