MLS# 24342920 – 11560 Sw Lomita Ave, Portland, OR 97223 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of JMA Properties LLC.

Property Description

Description

2 Units

Status: Pending

Year Built: 1962

Neighborhood: North Tigard

Days on Website: 66

Great single-level duplex in the heart of North Tigard on a quiet dead-end street! Building features spacious 980 square foot 2-Bedroom units each with their own carport, storage & utility room with washer/dryer hookups. The back unit includes a full fenced yard that showcases the large 0.19 acre property. Both units were remodeled 6 years ago and include new cabinetry, flooring & paint. Newer roof approximately 5 years ago. Please do not disturb tenants in back unit. GREAT INVESTMENT for owner-occupied purchasers or investors!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1960

Built in 1962

Storage:

Attic

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense Scheduled:

14309

Operating Expense:

$13,759

Exterior Features

Exterior Description:

Panel

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

5.08

Gross Income:

$43,200

Gross Rent Multiplier:

13.4

Gross Scheduled Income:

$44,928

Net Operating Income:

$29,441

Net Scheduled Income:

30619

Listing

Contract Status Change Date:

2024-10-03

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-10-04 09:50:26

List Price:

$579,000

Listing Contract Date:

2024-09-18

Listing Id:

24342920

Mls Status:

Pending

Modification Timestamp:

2024-10-04 09:50:26

Off Market Date:

2024-10-03

On Market Date:

2024-09-18

Purchase Contract Date:

2024-10-03

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_151

Subdivision Name:

North Tigard

County Or Parish:

Washington

Lot

Features:

Level

Size Acres:

0.19

Size Dimensions:

71' x 116'

Size Range:

SqFt7000to9999

Size Square Feet:

8,276

Size:

7,000 to 9,999 SqFt

Parking

Features:

Attached,Carport

8 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Res/Mul

Roof

Roof:

Composition

Schools

High School:

Tigard

Middle Or Junior School:

Fowler

Elementary School:

Cf Tigard

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,969

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,500

Area:

980

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,100

Area:

980

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Electricity,Tank

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$579,000 -

11560 Sw Lomita Ave Portland , OR 97223

MLS Area Major: _151

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.