350 NE 61st Ave, Portland, OR 97213

$1,195,000

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Property Description

One of a kind income property in bustling central eastside location! 3 buildings for a total of 6 units. 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. Many recent capital improvements including 2 new roofs, siding replacement, and misc repairs. Recent maintenance includes sewer line scope, rain drain flushed, new sewer cleanout install. 350 bldg has been pre-inspected, roof certified and repairs made including new electric panel. 2 former tax lots for a combined total of 12,589sqft. Lot line adjustment and partition application is open with city of Portland. This property offers many possibilities and so much potential!

350 NE 61st Ave | MLS# 575351309

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
Basement: Yes
Basement: FullBasement
Fuel Type: Gas
Heating: Forced Air
Roof Type: Composition
Taxes: $15,211
Year Built: 1966

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $915.00
Square Footage: 725
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1250.00
Square Footage: 675
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1300.00
Square Footage: 375
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1010.00
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
Rent: $2550.00
Square Footage: 1456
Total Units: 1

Feature Descriptions

Days on Site: 4
Exterior: Lap Siding
Gross Income: $103500.00 (Actual)
Lot: Level
Net Income: $59275.00 (Actual)
Operating Expenses: $44225.00 (Actual)
Parking: Garage, Paved
Parking Notes: Garage, Paved
Sewer: Public Sewer
Special View Info: City
Storage: Attached
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

$ 7,658.70 per month $6,042.57 Principal & Interest $1,267.58 Property Tax $348.54 Homeowner's Insurance

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