73 NE STANTON ST, Portland, OR 97212

$1,550,000
List Price
$1,550,000
Price Change
▼ $50,000 1635903439
Days on Market
48
MLS#
21176323
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Beautiful historic 8plex right off N. Williams. Walkscore = 91. Bikescore = 100. Many units remodeled. Most on lease. 100% occupied. Storage units in basement. Historic charm. Excellent location. Still has upside in rents.

Additional Information

Tax Amount
$9,670
Year Built
1909
High School
Grant
Elementary School
Boise-Eliot
Middle School
Harriet Tubman
Stories
2
Subdivision
Boise-Eliot
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
6355
Capitalization Rate
4.53
Operating Expenses Actual
40969
Gross Income Actual
111120
Gross Rent Multiplier
13.95
Net Income Actual
70151
Occupancy Types
Leased, Month To Month, Vacant
Road Surface
Paved
Number Of Units Total
8
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1450
Unit Type One Sq Ft
720
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1200
Unit Type Two Sq Ft
544
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1250
Unit Type Three Sq Ft
620
Unit Type Three Units Total
3
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
995
Unit Type Four Sq Ft
636
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Rent
725
Unit Type Five Sq Ft
200
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Rarebird Real Estate.

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