6917 N JERSEY ST, Portland, OR 97203

$2,929,600
List Price
$2,929,600
Days on Market
52
MLS#
21510262
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland North
Status
Active

Property Description

Four gorgeous fully leased homes plus adu's for sale as a package deal for one lucky investor. Own a beautiful 8-plex located near the University of Portland, shopping, multiple parks, restaurants & more. Fantastic investment with each home featuring 3 beds/2.5 baths plus a 1 bed/1bath Adu. High-end finishes to include hardwoods, quartz, custom tile, etc. High ceilings, a gas fireplace, open concept floorplan as well as marvelous primary suite. Larger homes have a/c & garage.

Additional Information

Tax Amount
$7,368
Year Built
2018
High School
Roosevelt
Elementary School
James John
Middle School
George
Subdivision
St Johns
Terms
Cash, Conventional
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air - 95+%
Hot Water Description
Gas
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Capitalization Rate
3.28
Operating Expenses Actual
264000
Gross Income Actual
360000
Gross Rent Multiplier
8.14
Net Income Actual
96000
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
8
Unit Type One Baths Total
3
Unit Type One Beds Total
4
Unit Type One Rent
3665
Unit Type One Sq Ft
2314
Unit Type One Units Total
2
Unit Type Two Baths Total
3
Unit Type Two Beds Total
4
Unit Type Two Rent
4210
Unit Type Two Sq Ft
2314
Unit Type Two Units Total
2
Unit Type Three Baths Total
3
Unit Type Three Beds Total
4
Unit Type Three Rent
3875
Unit Type Three Sq Ft
2314
Unit Type Three Units Total
2
Unit Type Four Baths Total
3
Unit Type Four Beds Total
4
Unit Type Four Rent
3985
Unit Type Four Sq Ft
2314
Unit Type Four Units Total
2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of The Broker Network, LLC.

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