MLS# 24131636 – 2349 Nw Hoyt St, Portland, OR 97210 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of John L. Scott.

Property Description

Description

3 Units

Status: Pending

Year Built: 1900

Neighborhood: Pearl Nw

Days on Website: 58

Legal triplex in heart of NW close to all amenities yet quiet residential street. Full seismic upgrade done by Terra Firma. Updated HVAC system. Great tenants. DO NOT DISTURB.Excellent rental history. Wonderfully updated building with sprinkler system, all units have washer/dryers/updated kitchens and baths. Upper units has city views. Excellent maintenance history. Strong cash flow. Details provided upon request. Very profitable. Tenants pay all utilities. Newer roof, paint and new seismic upgrades. This is a turn key operation.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

FullBasement

Building

Building Area Total:

3334

Built in 1900

Storage:

Basement

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Expenses

Operating Expense:

$15,818

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

Other

Heating

Heating Available

Heating:

ForcedAir90

Income

CAP Rate:

5.7

Gross Income:

$72,600

Gross Rent Multiplier:

13.73

Net Operating Income:

$56,792

Listing

Contract Status Change Date:

2024-11-09

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-11-09 12:10:13

List Price:

$997,000

Listing Contract Date:

2024-09-23

Listing Id:

24131636

Mls Status:

Pending

Modification Timestamp:

2024-11-09 12:10:13

Off Market Date:

2024-11-09

On Market Date:

2024-09-23

Purchase Contract Date:

2024-11-09

Rent Includes:

None

Standard Status:

Pending

Location

MLS Area Major:

_148

Subdivision Name:

PEARL NW

County Or Parish:

Multnomah

Lot

Features:

Private

Size Acres:

0.07

Size Range:

SqFt3000to4999

Size Square Feet:

3,049

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases,TaxReturnsAvailable

Parking

Features:

None

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

multi

Roof

Roof:

Composition

Schools

High School:

Lincoln

Middle Or Junior School:

West Sylvan

Elementary School:

Chapman

Security Features

Features:

Entry,FireSprinklerSystem,SecuritySystemLeased

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$10,930

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$2,400

Area:

1200

Features:

Dishwasher,HardwoodFloors,Microwave,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,400

Area:

1500

Features:

Dishwasher,HardwoodFloors,Microwave,WasherDryer

Units Total:

1 total bathroom

3 total bedroom

Unit Three

Actual Rent:

$1,250

Area:

800

Features:

Dishwasher,HardwoodFloors,Refrigerator,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas

Internet Service Type:

Cable

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$997,000 -

2349 Nw Hoyt St Portland , OR 97210

MLS Area Major: _148

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.