MLS# 24014672 – 17600 Se Pine St, Portland, OR 97233 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Windermere Realty Trust.

Property Description

Description

4 Units

Status: Active

Year Built: 1971

Neighborhood: Rockwood

Days on Website: 55

Fantastic investment opportunity in the heart of Rockwood! Each unit has 3 bedrooms and 1.5 baths, with each primary bedroom connected to their own private half bathroom. Rare working fireplaces in each unit for cozy winters! Private patios offer additional storage for each occupant. Off street paved parking and 8 parking spaces available. Each unit currently occupied with long term & loyal tenants. Please write offers subject to interior inspection, DO NOT DISTURB TENANTS. Listing agent related to seller.

Property Details and Features

Basement

Basement:

CrawlSpace

Building

Building Area Total:

4128

Built in 1971

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Expenses

Operating Expense:

$16,528

Exterior Features

Exterior Description:

Brick,MetalSiding

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

6.13

Gross Income:

$67,272

Gross Rent Multiplier:

12.26

Net Operating Income:

$50,573

Listing

Contract Status Change Date:

2024-09-27

Days On Market:

Last Transaction Date:

2024-09-27 09:32:57

List Price:

$825,000

Listing Contract Date:

2024-09-27

Listing Id:

24014672

Mls Status:

Active

Modification Timestamp:

2024-09-27 09:32:57

On Market Date:

2024-09-27

Rent Includes:

Sewer,Water

Standard Status:

Active

Location

MLS Area Major:

_144

Subdivision Name:

ROCKWOOD

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.38

Size Range:

SqFt15000to19999

Size Square Feet:

16,552

Size:

15,000 to 19,999 SqFt

Miscellaneous

Investor Information:

Leases,ProfitLossStatement,RentRecords,TaxReturnsAvailable

Parking

Features:

Detached,Paved

8 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Roof

Roof:

Composition

Schools

High School:

Reynolds

Middle Or Junior School:

Reynolds

Elementary School:

Hartley

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,034

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,355

Area:

1032

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$1,421

Area:

1032

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$1,475

Area:

1032

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Four

Actual Rent:

$1,355

Area:

1032

Features:

Dishwasher,Fireplace,Range,WasherDryerHookup

Units Total:

2 total bathrooms

3 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

$825,000 -

17600 Se Pine St Portland , OR 97233

MLS Area Major: _144

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.