3 bedroom house for sale

Portland OR 97206

Overview

Residential / Commercial mixed use gem! Upper level (currently vacant) completely remodeled 1 bed/1 bath apartment previously rented for $1, 220/month. Downstairs is a live/work 2 bed 1 bath remodeled unit with 2 years left on a $1, 750/mo lease to a hair studio. Both access to shared basement storage and laundry. Food cart spot will bring in $750/month, and billboard pays $116 a month. Tenants pay garbage, water, gas, and electricity. Newer roof, siding, HVAC, and sewer line. Upper unit is vacant, call for showing. Lower unit viewable with accepted offer. Projected income includes new food cart space that has not had rental history. 6 cap rate when including the food cart space.

Details

  • Beds: 3
  • Baths: 2
  • Price: $599,000
  • Reference No.: 69452626
  • Area: 1,438 sqft

Location

Portland OR 97206

3 bedroom house for sale

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2024-03-17, Viewed 0 times.