Bought with Non Rmls Broker
$755,000
$749,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
4,208 SqFt
SOLD DATE : 08/07/2024
Key Details
Sold Price $755,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,208 sqft
Price per Sqft $179
Subdivision Sellwood-Moreland
MLS Listing ID 24493427
Sold Date 08/07/24
Year Built 1925
Annual Tax Amount $8,140
Tax Year 2023
Lot Size 5,227 Sqft
Property Description
Fantastic value-add opportunity in the heart of Sellwood! This 4,200 SF 4-unit multi-family offers an owner-user or an investor a way to have immediate income and the potential to improve the units to increase rent. The units are in good condition but could be substantially improved with minimal work, a great way to turn a bit of sweat equity into long-term value. Amazing location with a coffee shop next door and numerous restaurants a block away. Whether you're a seasoned investor or a first-time buyer looking to enter the market, this property promises an appealing return on investment.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Rooms
Basement None
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Parking Type Assigned, Paved
Garage No
Building
Lot Description Level, On Busline, Public Road
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Duniway
Middle Schools Sellwood
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, Rehab, VALoan
Listing Terms Cash, Conventional, FHA, Rehab, VALoan
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Principal Broker | Lic# 910900068