MLS# 24364393 – 1110 Ne 60th Ave, Portland, OR 97213 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of John L. Scott Portland Central.

Property Description

Description

3 Units

Status: Active

Year Built: 1973

Days on Website: 118

Built as a Tri-Plex in 1973, New roof and New exterior paint. Located in Rose City Park, a block from the MAX and on a bus line, this convenient location has ready access to Mt Tabor, parks, dining, shopping and the airport. Includes 4 off street parking spots with possibility to expand to 8 spots with tandem parking. Lots to love about this Fully Rented Tri-Plex!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

3591

Built in 1973

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Expenses

Operating Expense Scheduled:

12200

Operating Expense:

$12,200

Exterior Features

Exterior Description:

Brick,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

4.33

Gross Income:

$46,800

Gross Rent Multiplier:

17.09

Gross Scheduled Income:

$49,500

Net Operating Income:

$34,600

Net Scheduled Income:

37300

Listing

Contract Status Change Date:

2024-01-05

Days On Market:

117

Last Transaction Date:

2024-03-27 18:26:29

List Price:

$799,900

Listing Contract Date:

2024-01-05

Listing Id:

24364393

Mls Status:

Active

Modification Timestamp:

2024-03-27 18:26:29

On Market Date:

2024-01-05

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_142

County Or Parish:

Multnomah

Lot

Features:

Level,OnBusline

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,UtilityRecordsAvailable

Parking

Features:

Open,Paved

4 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

Roof

Roof:

Composition

Schools

High School:

Leodis McDaniel

Middle Or Junior School:

Roseway Heights

Elementary School:

Rose City Park

Security Features

Features:

SecurityGate,SecurityLights,Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$7,812

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,430

Area:

1200

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,375

Area:

1200

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$1,320

Area:

1200

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$799,900 -

1110 Ne 60th Ave Portland , OR 97213

MLS Area Major: _142

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 2, 2024 12:51AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.