One level mid-century single story 4 PLEX on a 50 X 100 Lot. Strong cap rate at 5.71 on these 1 bedroom 1 bath units. Updated interiors with wall to wall carpet and wood style laminate flooring in kitchen and entry. Fabulous oversized living room windows allows for a flood of light into each unit from the west facing windows. Same owner for decades on this GEM that received a perfect 10 energy score and offers on site laundry, storage and off street parking.
Property Features
Bedrooms
Bathrooms
Heating and Cooling
- Heating Features: Baseboard
- Heating: Yes
- Water Heaters: Electricity
Other Rooms
- Basement Description: CrawlSpace
Land Info
- Lot Description: Level, Private
Exterior and Lot Features
Garage and Parking
School Information
- Elementary School: Vestal
- High School: Leodis McDaniel
- Middle School: Roseway Heights
Rental Info
- Gross Income: 51543
- Rent Includes: MaintenanceGrounds, TrashCollection
Multi-Unit Info
- Number of Units: 4
- Unit Type: UnitTypeType1, UnitTypeType2
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: Laundry
Other Property Info
- LotSizeRange: SqFt5000to6999
- Annual Tax Amount: 6013.090000000
- Source Listing Status: Pending
- County: Multnomah
- Cap Rate: 6.06
- Directions: NE Glisan st, North on NE 92nd, West on Oregon st to property
- Tax Year: 2024
- Source Property Type: MultiFamily
- Parcel Number: R261129
- Zoning: RM1
- Source System Name: C2C
Commercial Info
- Net Operating Income: 39390
- Operating Expense: 12153
Building and Construction
- Year Built: 1960
- Building Area Total: 1728
- Building Exterior Type: Cedar, LapSiding, T111Siding, VinylSiding
- Foundation Details: ConcretePerimeter
- Property Age: 64
- Property Condition: Approximately
- Roof: Composition
- Levels or Stories: 1
Utilities
- Sewer: PublicSewer
- Water Source: PublicWater
Home Features
- Green Energy Efficient: DoublePaneWindows, InsulationandCeilingInsulation
