5845 NE Prescott St, Portland, OR 97218

$999,000

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Property Description

Remodeled NE Portland duplex with strong income potential and future upside. This turnkey property features two updated units and offers an excellent opportunity for investors or owner-occupants alike. Well-positioned on a lot with potential for additional development, this property combines immediate usability with long-term value. Buyer to perform due diligence regarding all development possibilities.

5845 NE Prescott St | MLS# 459095719

This multi-family property located at 5845 NE Prescott St, Portland, OR 97218 is currently listed for sale with an asking price of $999,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Air Conditioning Ready, Window Unit(s)
Fuel Type: Electricity, Gas
Heating: Gravity, Other
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $6,092
Year Built: 1938
Square Feet: 2,700

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave
Rent: $2000.00
Square Footage: 2300
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave
Rent: $1500.00
Square Footage: 400
Total Units: 1

Feature Descriptions

Days on Site: 38
Exterior: Wood Composite, Wood Siding
Gross Income: $42000.00 (Actual)
Hot Water: Electricity, Gas
Lot: Level, On Busline, Public Road, Trees
Net Income: $32000.00 (Actual)
Operating Expenses: $10000.00 (Actual)
Parking: Driveway, OffStreet
Parking Notes: Driveway, OffStreet
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Units: 2
Water: Public Water

Local Schools

High School: Leodis McDaniel
Middle School: Beaumont
Elementary School: Rigler

Listed By / Shown By

Listed By

Agency Name: Epique Realty
Agency Contact: 503-307-0769

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

$ 5,850.53 per month $5,051.49 Principal & Interest $507.67 Property Tax $291.38 Homeowner's Insurance

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