5821 SE KNAPP ST, Portland, OR 97206

$425,000
List Price
$425,000
Price Change
▼ $25,000 1494317530
MLS#
17397908
Property Type
Multifamily
Region
Portland Southeast
Status
ACTIVE

Property Description

Great opportunity in Brentwood Darlington. This non-conforming 4plex is ready for a full renovation. Expect to re-do everything. Up and coming neighborhood is starting to see high end new construction only a block away. The large lot gives you the opportunity to make an incredible outdoor space for your tenants.Offer subject to interior inspection.

Albany-Corvallis-Lebanon offices 541-791-7946 or Sunriver/Bend 541-306-4806

Additional Information

Tax Amount
$3,989
Stories
1
Stories
1
Subdivision
Bretwood-Darlington
Year Built
1942
Basement Foundation
Crawlspace
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Cedar
Lot Size Range
5, 000 to 6, 999 SqFt
Roof Type
Composition Roofing
Sewer Description
Public
Water Description
Public
Sq Ft Approximate Building Total
2000
Capitalization Rate
4.48
Operating Expenses Actual
8640
Gross Income Actual
28800
Gross Rent Multiplier
14.76
Net Income Actual
20160
Occupancy Types
Month to Month
Utilities Included
Garbage, Sewer, Water
Parking Description
Open
Number Of Units Total
4
Unit Type One Baths Total
1.0
Unit Type One Beds Total
2
Unit Type One Rent
600
Unit Type One Sq Ft
500
Unit Type One Units Total
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Equity Pacific Real Estate LLC.