Courtesy: Better Homes & Gardens Realty
Residential / Commercial mixed use gem! Upper level (currently vacant) completely remodeled 1 bed/1 bath apartment previously rented for $1,220/month. Downstairs is a live/work 2 bed 1 bath remodeled unit with 2 years left on a $1,750/mo lease to a hair studio. Both access to shared basement storage and laundry. Food cart spot will bring in $750/month, and billboard pays $116 a month. Tenants pay garbage, water, gas, and electricity. Newer roof, siding, HVAC, and sewer line. Upper unit is vacant, call for showing. Lower unit viewable with accepted offer. Projected income includes new food cart space that has not had rental history. 6 cap rate when including the food cart space.
23295758
Multi-Family, 2 Story
Multnomah
1908
PublicWater
2
PublicSewer
1,438
Sq. Ft.
FOSTER/POWELL
School Information
Creston
Kellogg
Franklin
Interior Features
- Heating
- Other. Forced Air.
- Basement
- ExteriorEntry,FullBasement,StorageSpace
Exterior / Lot Features
- Parking
- 6 Parking Spaces. Open, 6 Space(s).
- Zoning
- CE
- Additional Exterior/Lot Features
- OnBusline.
Financial Considerations
R298609
$2,980
Cash, Conventional, VALoan
MaintenanceGrounds
Arrows indicate 90 day trend
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