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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Shaun Sappington
  • Investor
  • Mesquite, NV
1
Votes |
11
Posts

Great Multi-Family in SW Portland Oregon

Shaun Sappington
  • Investor
  • Mesquite, NV
Posted

Located in a gorgeous wooded area of Stephens Creek Natural Area are 2 very rare duplexes built into the hillside of Stephens Creek. The identical duplexes are 3900sqft each with the first unit being a 1300sgft 3 bedroom 2 bathroom on the street level. The second unit is 2 story with 2600 sqft 5 bedrooms and 3 bathrooms with a second large game/living room on basement level. All units have large spacious bedrooms with large closets, windows, fireplaces, washers/dryers, large living rooms and galley kitchens. The area is a quit residential neighborhood with several parks within a short walk. You are a 10 minute drive to downtown Portland and a 9 minute walk to downtown Hillsdale. There is also a future MAX Rail line being built .7 miles away for easy commuting throughout the Portland area. The units come with 12 parking spaces for ample parking. There is a new 20 yr roofing installed in 2017 on both buildings. OWNER MAY CARRY NOTE and seller will cooperate with realtors. Have current and Proforma rent roll available.

Attached is current and proforma with rents at market value.

https://www.biggerpockets.com/...

https://www.biggerpockets.com/...

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