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Key Details
Sold Price $735,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23683198
Sold Date 03/14/24
Year Built 1950
Annual Tax Amount $6,485
Tax Year 2023
Property Description
New roof and (2) new hot water heaters installed Feb 2024. RARE FIND! 27,000 sqft lot w/ huge parking lot. Adorable turn-key triplex is fully occupied. Apt #3 (1 BDRM) vacates Feb 1, 2024 and will be marketed for re-rent unless a Buyer wants to occupy that unit. Perfect timing right now for that scenario. 2 units (townhouse-style) occupied on leases. Over $100k in 2020-21 renovations/updates including some new kitchens, baths, floors, all new furnaces, updated plumbing + more. New septic system and tank installed in 2021, connected to City sewer. Basement has individual storage units for Owner and tenants, utility sink & coin-op laundry. Lawn has timed sprinklers. Rarely vacant due to great location near I-5 on/off ramps, bus lines, and PCC. Building is semi-private as it's located toward the back of the large property and nestled among trees. No For Sale sign on property. Buyer to coop in 1031 exchange at no cost to Buyer. Listing Agent is the Owner/Seller.
Location
State OR
County Multnomah
Community Commons, Laundry
Area _148
Zoning R7
Rooms
Basement Exterior Entry, Storage Space
Interior
Heating Forced Air
Exterior
Community Features Commons, Laundry
Waterfront Description Other
View Trees Woods
Garage No
Building
Lot Description Trees, Wooded
Story 3
Sewer Public Sewer, Septic Tank
Water Public Water
Level or Stories 3
Schools
Elementary Schools Markham
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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