Cash flowing 5 Unit investment opportunity in Southeast Portland. Property consists of a 1, 758sqft house and 3, 900sqft fourplex on one (1) tax lot. The fourplex has all 2-bed/1-bath flats & the house is a 4 bed/1.5 bath w/ a partially finished basement. TRUE 5.45% CAP on current income, Pro forma 6.71% CAP at market rents. Multiple avenues for value-add. For Offering Memorandum, please visit:
Features
12 bedrooms
6 bathrooms
5658 sq. ft. floor area
cottageMulti-Family
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Local market activity for 12 bedroom multi families in Portland
Sold
For Sale
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