MLS# 24008180 – 6498 Lowry Dr, West Linn, OR 97068 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

5100

Built in 1972

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5

Community

Community Features:

Laundry

Expenses

Operating Expense Scheduled:

36633

Operating Expense:

$34,469

Exterior Features

Exterior Description:

Aluminum,Brick

Heating

Heating:

WallHeater

Income

CAP Rate:

4.72

Gross Income:

$104,978

Gross Rent Multiplier:

14.24

Gross Scheduled Income:

$118,380

Net Operating Income:

$70,509

Net Scheduled Income:

81747

Listing

Contract Status Change Date:

2024-09-24

Days On Market:

Last Transaction Date:

2024-09-24 12:43:51

List Price:

$1,495,000

Listing Contract Date:

2024-09-24

Listing Id:

24008180

Mls Status:

Active

Modification Timestamp:

2024-09-24 12:43:52

On Market Date:

2024-09-24

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_147

County Or Parish:

Clackamas

Lot

Size Acres:

0.22

Size Range:

SqFt7000to9999

Size Square Feet:

9,583

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,ProfitLossStatement

Parking

Features:

OffStreet

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

multi

Roof

Roof:

Flat

Schools

High School:

West Linn

Middle Or Junior School:

Rosemont Ridge

Elementary School:

Bolton

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$7,909

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,375

Area:

650

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,445

Area:

850

Features:

Deck,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,200

Area:

850

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$1,465

Area:

850

Features:

Deck,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Five

Actual Rent:

$1,425

Area:

850

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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6498 Lowry Dr West Linn , OR 97068

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

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