MLS# 24599741 – 3418 N Commercial Ave, Portland, OR 97227 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of HotSpots Real Estate.

Property Description

Description

2 Units

Status: Active

Year Built: 2017

Neighborhood: Williams / Mississippi

Days on Website: 29

Luxury modern townhouse with ADU in daylight lower level. Home features 3 spacious bedrooms, all with private bathrooms + 4th floor loft that opens to private rooftop deck with outdoor gas fireplace. Floor to ceiling windows. Stunning kitchen with extended island, quartz counters, tile backsplash, high-end SS appliances. Spectacular MBR soaking tub with ceiling water fill plus oversized walk-in shower in 2nd bathroom. Brand new tear-off roof. Convenient access to shops, restaurants & grocery in the popular Williams and Mississippi district. ADU has both interior and separate exterior entrances. Next door unit is also available. Purchase individually or as a 4-plex.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

Daylight,Finished,SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total:

3416

Built in 2017

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

CentralAir

Expenses

Operating Expense:

$16,855

Exterior Features

Exterior Description:

CementSiding,WoodSiding

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

4.73

Gross Income:

$61,735

Gross Rent Multiplier:

15.37

Net Operating Income:

$44,880

Listing

Contract Status Change Date:

2024-10-23

Days On Market:

Last Transaction Date:

2024-10-24 09:00:51

List Price:

$949,000

Listing Contract Date:

2024-10-23

Listing Id:

24599741

Mls Status:

Active

Modification Timestamp:

2024-10-24 09:00:51

On Market Date:

2024-10-23

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_141

Subdivision Name:

WILLIAMS / MISSISSIPPI

County Or Parish:

Multnomah

Lot

Features:

Level

Size Acres:

0.05

Size Range:

SqFt0Kto2999

Size Square Feet:

2,178

Size:

0K to 2,999 SqFt

Miscellaneous

Investor Information:

Leases,ProfitLossStatement,RentRecords,UtilityRecordsAvailable

Parking

Features:

Garage,OnStreet

2 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Zoning:

RM2

Roof

Roof:

Flat

Schools

High School:

Grant

Middle Or Junior School:

Harriet Tubman

Elementary School:

Boise-Eliot

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$13,186

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$4,215

Area:

2886

Features:

AirConditioning,Fireplace,HardwoodFloors,WasherDryer

Units Total:

4 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$1,370

Area:

530

Features:

Dishwasher,HardwoodFloors,Refrigerator,WasherDryer

Units Total:

1 total bathroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Tank,Tankless

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$949,000 -

3418 N Commercial Ave Portland , OR 97227

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.