350 NE 61st Ave, Portland, OR 97213

$1,195,000

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Property Description

BIG PRICE CUT!! Unique income property in bustling central location! Close proximity to Trader Joe's, freeway access, and local businesses! Main unit features excellent amenities such as jetted tub, fireplace, sunroom, private side yard and large 2 car climate controlled garage! Leases are m2m, w excellent rental history. Rental increases set for 11/01. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. 350 bldg has been inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Developer's package attached.

350 NE 61st Ave | MLS# 141775361

This multi-family property located at 350 NE 61st Ave, Portland, OR 97213 is currently listed for sale with an asking price of $1,195,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Gas
Heating: Forced Air
Stories: 2.0
Taxes: $14,664
Year Built: 1966

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1300.00
Square Footage: 375
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $865.00
Square Footage: 725
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1200.00
Square Footage: 675
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $920.00
Square Footage: 816
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Square Footage: 816
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Deck, Fireplace, HardwoodFloors, WasherDryer
Rent: $2550.00
Square Footage: 1456
Total Units: 1

Feature Descriptions

Days on Site: 441
Exterior: Lap Siding
Gross Income: $101220.00 (Actual)
Lot: Commons, Level, Private
Net Income: $56995.00 (Actual)
Operating Expenses: $44225.00 (Actual)
Sewer: Public Sewer
Special View Info: City, Seasonal
Units: 6
Water: Public Water

Local Schools

High School: Franklin
Middle School: Harrison Park
Elementary School: Vestal

Listed By / Shown By

Listed By

Agency Name: Check Point Realty
Agency Phone: 503-975-5857

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

$ 7,613.11 per month $6,042.57 Principal & Interest $1,222.00 Property Tax $348.54 Homeowner's Insurance

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