2346 SE PINE ST, Portland, OR 97214

$875,000
List Price
$875,000
Days on Market
4
MLS#
19577319
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Vintage 1927 side by side duplex in great Buckman location. Large units with H/W floors, big kitchens, built-ins, individual basements with washers/dryers and shared private yard with updated landscaping and storage. Both units recently updated including kitchens and bathrooms. Sewer line replaced, Radon mitigation installed. Excellent rental investment or owner occupied. Walk score 88. Bike score 100 (bikers paradise)

Additional Information

Tax Amount
$5,564
Year Built
1927
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Garage Spaces
1
Stories
3
Terms
Cash, Conventional
Basement Foundation
Crawl Space, Partial Basement, Unfinished
Cooling Description
Other
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Aluminum
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City, Trees/Woods
Sq Ft Approximate Building Total
3040
Capitalization Rate
5.74
Operating Expenses Actual
10328
Gross Income Actual
60528
Gross Rent Multiplier
14.46
Net Income Actual
50200
Occupancy Types
Month to Month
Security Or Entry
Security Lights
Utilities Included
Trash Collection, Sewer
Parking Description
Garage
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2540
Unit Type One Sq Ft
1520
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
2500
Unit Type Two Sq Ft
1520
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Meadows Group Inc., Realtors.

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