3823 SE 52nd Ave, Portland, OR 97206

$1,995,000

Property Description

No sign at property. Please do not disturb tenants or walk the lot. Absolutely turnkey 11 unit building with all new systems and finishes. Diverse mix of 1 bedroom, 2 bedroom, and one 3 bedroom units. Great close in location across from popular food carts and on the bus line. Ample on site parking. Market rents but room to grow. Onsite laundry, additional storage units for rent. Perfect no drama property in fast appreciating Foster Powell.

3823 SE 52nd Ave | MLS# 368676783

This multi-family property located at 3823 SE 52nd Ave, Portland, OR 97206 is currently listed for sale with an asking price of $1,995,000. Search Portland real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: StorageSpace
Fuel Type: Electricity
Heating: WallHeater, Zoned
Roof Type: Composition
Stories: 3.0
Taxes: $11,995
Year Built: 1955
Square Feet: 7,001

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1100.00
Square Footage: 377
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1100.00
Square Footage: 374
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1200.00
Square Footage: 630
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1450.00
Square Footage: 604
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1425.00
Square Footage: 606
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $2150.00
Square Footage: 982
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1795.00
Square Footage: 710
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Square Footage: 618
Total Units: 1
Unit Type 9:
Bathroom(s): 1
Bedrooms: 2
Rent: $2000.00
Square Footage: 800
Total Units: 1
Unit Type 10:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, WindowCoverings
Rent: $1450.00
Square Footage: 650
Total Units: 2

Feature Descriptions

Days on Site: 8
Exterior: Cement Siding, Wood Siding
Gross Income: $208440.00 (Actual)
Hot Water: Electricity, Tankless
Lot: Level
Net Income: $134299.00 (Actual)
Operating Expenses: $63719.00 (Actual)
Parking: OffStreet, Open
Parking Notes: OffStreet, Open
Sewer: Public Sewer
Storage: IndividualStorageUnits, Locked
Units: 11
Water: Public Water

Local Schools

High School: Franklin
Middle School: Hosford
Elementary School: Creston

Listed By / Shown By

Listed By

Agency Name: High Five Properties
Agency Phone: 503-238-8551

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 11,669.26 per month $10,087.81 Principal & Interest $999.58 Property Tax $581.88 Homeowner's Insurance

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