MLS# 24223068 – 3552 Ne Killingsworth St, Portland, OR 97211 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Savi Realty, Inc..

Property Description

Description

2 Units

Status: Active

Year Built: 1942

Neighborhood: Concordia

Days on Website: 17

One of a kind opportunity with original character and wood burning fireplace, property was completely remodeled in 2020. Completely move in ready. Currently vacant for the new owner to make as their own, choose to live in or rent out with multi-generational or flexible living arrangements. Each unit has its own separate entrance, appliances and washer & dryer. In the heart of the coveted Concordia neighborhood with a phenomenal 87 walk score & 98 bike score. Possible future development opportunities with high density RM1 zoning on a corner lot. Walk to New Seasons, McMenamins Kennedy School, coffee, restaurant row and UO NE PDX campus. Plus, fully assumable 30 year fixed loan with 3.375% interest rate! Buyer to verify all.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

Finished,SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total:

1918

Built in 1942

Storage:

Garage,IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense Scheduled:

16491

Operating Expense:

$16,491

Exterior Features

Exterior Description:

LapSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

2.79

Gross Income:

$39,480

Gross Rent Multiplier:

20.9

Gross Scheduled Income:

$39,480

Net Operating Income:

$22,989

Net Scheduled Income:

22989

Listing

Contract Status Change Date:

2024-04-14

Days On Market:

Last Transaction Date:

2024-04-22 22:10:20

List Price:

$825,000

Listing Contract Date:

2024-04-14

Listing Id:

24223068

Mls Status:

Active

Modification Timestamp:

2024-04-22 22:10:20

On Market Date:

2024-04-14

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_142

Subdivision Name:

Concordia

County Or Parish:

Multnomah

Lot

Features:

CornerLot,Level,OnBusline

Size Acres:

0.12

Size Dimensions:

50x100

Size Range:

SqFt5000to6999

Size Square Feet:

5,227

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

Incomplete

Parking

Features:

Detached,Garage

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

RM1

Roof

Roof:

Composition

Schools

High School:

Jefferson

Middle Or Junior School:

Vernon

Elementary School:

Vernon

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,020

Legal Description

Tax Year:

2023

Unit One

Area:

1186

Features:

Dishwasher,Refrigerator,Storage,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Area:

732

Features:

Dishwasher,Refrigerator,Storage,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$825,000 -

3552 Ne Killingsworth St Portland , OR 97211

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 1:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.