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2845 NE M L King NE Blvd, Portland, OR 97212

$1,475,000

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Property Description

This well maintained and professionally managed 6 plex with commercial street front just became available! Located in the sought after Elliot, this property features all one-bedroom units. Four of the six have vaulted ceilings. Two are upstairs with huge decks, large soaking tubs, separate shower and walk-in closets. All have in unit laundrys and air conditioning. This property provides diverse rental options for maximum appeal. Public Transportation is right at your doorstep and minutes from downtown and fwys. Gated courtyard living with front and back patios makes living easy and long term. Built by a respected local contractor known for high quality craftmanship and style. Locking lighted convienent garbage and recycling room and on-site mail boxes. With street side parking for successful business and liveablity.

2845 NE M L King NE Blvd | MLS# 287798087

This multi-family property located at 2845 NE M L King NE Blvd, Portland, OR 97212 is currently listed for sale with an asking price of $1,475,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s)
Fuel Type: Electricity
Heating: Forced Air
Roof Type: Metal
Stories: 2.0
Taxes: $13,432
Year Built: 2007

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Range, Refrigerator, WasherDryer
Rent: $1445.00
Square Footage: 500
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Range, Refrigerator, WasherDryer
Rent: $1610.00
Square Footage: 500
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Range, Refrigerator, WasherDryer
Rent: $1480.00
Square Footage: 500
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Range, Refrigerator, WasherDryer
Rent: $1550.00
Square Footage: 500
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Refrigerator, WasherDryer
Rent: $1730.00
Square Footage: 750
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Deck, Refrigerator, WasherDryer
Rent: $1725.00
Square Footage: 750
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Features: AirConditioning, Storage
Rent: $1450.00
Square Footage: 1200
Total Units: 1

Feature Descriptions

Days on Site: 310
Exterior: Cement Siding, Lap Siding
Gross Income: $110840.00 (Actual)
Hot Water: Electricity, Tank
Lot: Commons, Gated, Level, On Busline, Trees
Net Income: $99502.00 (Actual)
Operating Expenses: $24769.00 (Actual)
Parking: Driveway, OnStreet
Parking Notes: Driveway, OnStreet
Sewer: Public Sewer
Special View Info: Seasonal
Units: 7
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Harriet Tubman
Elementary School: Boise-Eliot

Listed By / Shown By

Listed By

Agency Name: MORE Realty
Agency Contact: 503-351-3573

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 9,007.94 per month $7,458.40 Principal & Interest $1,119.33 Property Tax $430.21 Homeowner's Insurance

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