5742 NE 60TH AVE, Portland, OR 97218

$450,000
List Price
$450,000
Days on Market
8
MLS#
21458297
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
Pending

Property Description

Investors! - This Cully duplex has a strong rental history with long-term, reliable tenants. Each unit has a living room and kitchen on the main, 3 beds 2 baths up. Oversized one-car garages, and sliding doors with deck access from the primary bedrooms. Close to shopping and transportation. Partial new roof and fence in 2021.

Additional Information

Tax Amount
$6,165
Year Built
2000
High School
Leodis Mcdaniel
Elementary School
Rigler
Middle School
Beaumont
Stories
2
Subdivision
Cully
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
8
Sq Ft Approximate Building Total
2637
Capitalization Rate
6.76
Operating Expenses Actual
11595
Gross Income Actual
42000
Gross Rent Multiplier
10.71
Net Income Actual
30405
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1785
Unit Type One Sq Ft
1005
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
1656
Unit Type Two Sq Ft
1005
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Equity Group.

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