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4620 N Maryland Ave, Portland, OR 97217

$4,350,000

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Property Description

Welcome to Savona Apartments, a 24-unit apartment community ideally situated at 4620 N Maryland Ave in the heart of one of Portland's most dynamic neighborhoods. Built in 2018, Savona Apartments features modern construction and spacious floor plans designed for today's urban lifestyle.This well-maintained property offers a blend of contemporary living and unbeatable location. Residents enjoy direct access to the vibrant Mississippi Avenue district, with its eclectic mix of renowned eateries, craft breweries, boutiques, and a lively arts scene-just steps from your front door. Commuters benefit from immediate access to the I-5 freeway and the MAX light rail, ensuring easy connectivity to downtown Portland and beyond.Additionally, this property has an assumable loan at 3.370% interest until June 2030. Property is fully occupied, please do not disturb tenants.

4620 N Maryland Ave | MLS# 713931810

This multi-family property located at 4620 N Maryland Ave, Portland, OR 97217 is currently listed for sale with an asking price of $4,350,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Ductless, Wall Furnace
Roof Type: Flat
Stories: 3.0
Taxes: $51,333
Year Built: 2018
Square Feet: 10,596

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer
Rent: $1333.00
Square Footage: 442
Total Units: 24

Feature Descriptions

Days on Site: 310
Exterior: Cement Siding, Lap Siding
Gross Income: $446976.00 (Actual)
Hot Water: Electricity
Lot: Cul-de-sac, Level
Net Income: $254951.00 (Actual)
Operating Expenses: $169676.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: City
Storage: None
Units: 24
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Ockley Green
Elementary School: Beach

Listed By / Shown By

Listed By

Agency Name: Kelly Right Real Estate of Portland, LLC
Agency Phone: 503-719-6056

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

$ 27,542.47 per month $21,995.97 Principal & Interest $4,277.75 Property Tax $1,268.75 Homeowner's Insurance

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