MULTIFAMILY
MLS
17671261
Opportunity to own 40 residential units with net rentable area of 32,128 sq ft! Studio, 1 BR, 2 BR, and 3 BR units! 20 on site parking spots. Projected rents of $800-1600/monthly. Easy access to freeway, shopping, bus-line, and public transportation. Cap rate between 5.8-6%. Final certificate of occupancy issued and move-ins have begun!
Photo of Mary Ann McDowell

Presented By

Mary Ann McDowell  

Broker, Licensed in Oregon

  • Direct 503-802-6416
  • Mobile 503-781-4163
  • Office 503-228-9801
Email Me
Property Details
Price
$8,500,000
Levels
3
Year Built
2017
Garage Spaces
20
No. Units
40
Location
County:
Multnomah
Status:
Active
Estimated Taxes:
$4,901
Listing Office:
Keller Williams Realty Profes.
Listing Last Updated:
June 26, 2018 8:22 AM
Schools
Elementary
Glenfair
High
Reynolds

 Interior
Interior
Heating
Other
Fuel
Other
Hot Water
Other

 Exterior
Exterior
Roof Type
Flat
Description
Cement Siding
Metal Siding

 Lot & Land
Lot & Land
Zoning
RH
Sewer
Public Sewer
Water
Public
lot description
Corner
Level


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Glenfair



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Keller Williams Realty Profes.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: June 26, 2018 8:22 AM

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