Cory Carlson
This listing was posted on Cory Carlson (via ListedBuy).
$1,150,000
1035 Southeast 14th Avenue, Portland, OR 97214
Price:
$1,150,000
BR/BA:
2 BR, 1 BA
Location:
1035 Southeast 14th Avenue, Portland, OR
Description:
Charming fully restored 1908 6-unit building situated in Buckman neighborhood between popular Belmont and Hawthorne shops and restaurants. Walkers paradise: 96 & Bikers paradise: 97. In 2018 this studs out remodel included electrical wiring/panels, water lines, water heaters, doors, new kitchens & bathrooms, interior/exterior paint, fixtures and common area washer/dryer room. New roof in 2020 and common area windows in 2021. Unit mix is comprised of three (3) 1 bed / 1 bath units, one (1) 2 bed / 1 bath unit and two studios upstairs sharing one bath. Prime close-in investment opportunity to acquire a turn-key well performing asset in a strong Portland submarket. Subject property currently achieves gross monthly sales of $7,350 per month + 2022 Utility reimbursements of ~$268 per month. In place Effective Gross Income (EGI) of ~$90,193. Stabilized expense load of ~36% provides an Net Operating income of ~$57,629 (5.77% CAP). Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Amenities:
Washer Dryer
For sale by:
Agent/Broker
Agent Name:
Cory Carlson
Posted:
August 8 2023 on ListedBuy
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More About this Listing: 1035 Southeast 14th Avenue, Portland, OR 97214
1035 Southeast 14th Avenue, Portland, OR 97214 is a Two Bedroom One Bath Multi-Family Real Estate for Sale at 1035 Southeast 14th Avenue in Portland OR. Find other listings like 1035 Southeast 14th Avenue, Portland, OR 97214 and listings near 1035 Southeast 14th Avenue by searching Oodle Classifieds for Two Bedroom One Bath Multi-Family Real Estate for Sale in Portland OR.
1035 Southeast 14th Avenue, Portland, OR 97214 is a Two Bedroom One Bath Multi-Family Real Estate for Sale at 1035 Southeast 14th Avenue in Portland OR. Find other listings like 1035 Southeast 14th Avenue, Portland, OR 97214 and listings near 1035 Southeast 14th Avenue by searching Oodle Classifieds for Two Bedroom One Bath Multi-Family Real Estate for Sale in Portland OR.