MLS# 24454268 – 6847 N Seneca St, Portland, OR 97203 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Cascade Hasson Sotheby's International Realty.

Property Description

Description

2 Units

Status: Active

Year Built: 1968

Neighborhood: St Johns

Days on Website: 210

Take advantage of the next hottest investment! This updated duplex is only blocks from restaurants, coffee & bars on Fessenden & Lombard. Each of the 864 sqft units includes two beds, one bath, a washer/dryer, a private yard & 1 carport parking spot. A complete renovation in 2019 of one unit included flooring, carpet, kitchen cabinets, dishwasher, range, shiplap, washer/dryer, heating & plumbing. With modernized curb appeal, mature landscaping, and newer exterior paint with architectural cedar trim - this is your next Turn-Key investment close to downtown St Johns & University of Portland.

Property Details and Features

Unit One

Area:

864

Actual Rent:

$2,361

Features:

Deck,Dishwasher,HardwoodFloors,Storage

Units Total:

1 total bathroom

2 total bedroom

Building

Building Area Total:

1788

Built in 1968

Storage:

IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$11,042

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

6.54

Gross Income:

$56,688

Gross Rent Multiplier:

11.45

Net Operating Income:

$42,415

Listing

Contract Status Change Date:

2024-04-24

Days On Market:

210

Last Transaction Date:

2024-09-13 10:40:40

List Price:

$649,000

Listing Contract Date:

2024-04-24

Listing Id:

24454268

Mls Status:

Active

Modification Timestamp:

2024-09-13 10:40:40

On Market Date:

2024-04-24

Previous List Price:

$659,000

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_141

Subdivision Name:

ST JOHNS

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.1

Size Range:

SqFt3000to4999

Size Square Feet:

4,356

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

Leases,RentRecords

Parking

Features:

Carport,OffSite

2 total parking spots

Possession

Possession:

Negotiable

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

R2.5

Roof

Roof:

Composition

Schools

High School:

Roosevelt

Middle Or Junior School:

George

Elementary School:

James John

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,171

Legal Description

Tax Year:

2023

Unit Two

Actual Rent:

$2,363

Area:

864

Features:

Deck,Dishwasher,HardwoodFloors,Storage

Units Total:

1 total bathroom

2 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

$649,000 -

6847 N Seneca St Portland , OR 97203

MLS Area Major: _141

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.