MLS# 24262449 – 1937 Se Stark St, Portland, OR 97214 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Wise Move Real Estate.

Property Description

Description

3 Units

Status: Pending

Year Built: 1906

Neighborhood: Belmont/sunnyside

Days on Website: 66

Location, Location Location! Opportunity knocks for the right investor or contractor looking for a deal. Highly desirable close-in Belmont corner Tri-plex with 5 parking spaces ready for a new owner. Property is currently used as a tri-plex with 1 unit rented at below market rent. Zoned flexible CM1 allows commercial or retail space. Buyer to do due diligence. Priced much lower than market. Call Listing agent for details.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

Finished

Building

Building Area Total:

3866

Built in 1906

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Community

Community Features:

Laundry

Expenses

Operating Expense Scheduled:

27360

Operating Expense:

$10,000

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir

Income

Gross Income:

$12,480

Gross Rent Multiplier:

55.69

Gross Scheduled Income:

$91,200

Net Scheduled Income:

63840

Listing

Contract Status Change Date:

2024-10-29

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-10-29 12:48:57

List Price:

$695,000

Listing Contract Date:

2024-09-16

Listing Id:

24262449

Mls Status:

Pending

Modification Timestamp:

2024-10-29 12:48:57

Off Market Date:

2024-10-29

On Market Date:

2024-09-16

Purchase Contract Date:

2024-10-29

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_143

Subdivision Name:

BELMONT/SUNNYSIDE

County Or Parish:

Multnomah

Lot

Features:

CornerLot,Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

ProfitLossStatement,RentRecords

Parking

Features:

Assigned

5 total parking spots

Property

Number Of Units Total:

Property Condition:

Fixer

Zoning:

CM1

Roof

Roof:

Composition

Schools

High School:

Cleveland

Middle Or Junior School:

Hosford

Elementary School:

Buckman

Security Features

Features:

SecurityLights

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,431

Legal Description

Unit One

Area:

1231

Features:

Range,Refrigerator

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Area:

703

Features:

Range,Refrigerator

Units Total:

2 total bathrooms

2 total bedroom

Unit Three

Area:

1500

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$695,000 -

1937 Se Stark St Portland , OR 97214

MLS Area Major: _143

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.