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1403 SE 24TH Ave

Portland, OR 97214
  • $1,200,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 21307266
UPDATED: 64 min ago
$1,200,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Information

Elementary School:
Middle School:
High School:

Description

Lovely vintage 1926 fourplex in amazing Hawthorne location! Restored side-by-side units each with own basement for storage and laundry; separately metered for gas and electric. Many upgrades including electrical service, water heaters, tiles bathrooms, updated kitchens. Blocks to restaurants, easy downtown access, location on a quiet corner. Fully rented- awesome tenants! Low maintenance yard= low expenses and upkeep.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than McKillion Real Estate Group | Premiere Property Group, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-01-28T09:39:26.86.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or McKillion Real Estate Group | Premiere Property Group, LLC and should be independently verified.
www.mckillion.com/homes/121393545
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1403 SE 24TH Ave Portland, OR 97214

  • Price: $1,200,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 64 min ago
  • MLS #: 21307266
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1926
Built
Neighborhood:
Hawthorne
County:
Multnomah
Area:
143-Portland Southeast
Elementary School:
Sunnyside Env
Middle School:
Sunnyside Env
High School:
Franklin
Property Description
Lovely vintage 1926 fourplex in amazing Hawthorne location! Restored side-by-side units each with own basement for storage and laundry; separately metered for gas and electric. Many upgrades including electrical service, water heaters, tiles bathrooms, updated kitchens. Blocks to restaurants, easy downtown access, location on a quiet corner. Fully rented- awesome tenants! Low maintenance yard= low expenses and upkeep.
Exterior Features

Exterior Description Stucco Lot Description Corner LotLevel Lot Size 5000 To 6999 Sqft Parking Features Garage Roof Type Composition View YN No Water Description Public

Interior Features

Basement Exterior EntryStorage Space Foundation Details SlabConcrete Perimeter Heating Description Forced Air - 95+% Hot Water Description Electricity Unit Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type1 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type1 Sq Ft 650 Unit Type2 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 650 Unit Type3 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type3 Sq Ft 650 Unit Type4 Features Hardwood FloorsRangeRefrigeratorWasher/Dryer Unit Type4 Sq Ft 650

Property Features

Bank Owned YN No Capitalization Rate 4.71 Country Us Fuel Description Gas Gross Income Actual 69900 Gross Income Projected 75600 Gross Rent Multiplier 17.17 Net Income Actual 56500 Net Income Projected 62200 Occupancy Types Leased Operating Expenses Actual 13400 Operating Expenses Projected 13400 Property Condition Existing Rent Includes Trash CollectionSewerWaterMaintenance Grounds Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Basement Tax Amount 8072.38 Third Party Approval YN No Unit Type1 Rent 1550 Unit Type1 Units Total 1 Unit Type2 Rent 1450 Unit Type2 Units Total 1 Unit Type3 Rent 1450 Unit Type3 Units Total 1 Unit Type4 Rent 1375 Unit Type4 Units Total 1 Zoning R2.5

Listing provided courtesy of Neighborhood Works.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than McKillion Real Estate Group | Premiere Property Group, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-01-28T09:39:26.86.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or McKillion Real Estate Group | Premiere Property Group, LLC and should be independently verified.
 
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McKillion Real Estate Group | Premiere Property Group, LLC
5000 Meadows Road #150
Lake Oswego OR, 97035