1120 SW BROADWAY DRPortland, OR 97201
CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you've been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife....all CLOSE TO DOWNTOWN WITH OHSU CLOSER. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop....Remarkable rent history...Taxes are low at $6,214.72. "Rare Investment Opportunity - Triplex with Adjacent Vacant Lot Included at the right price...."...The vacant land is optioned to be purchased separately or bundled together.... MOTIVATED SELLER! BRING ALL OFFERS....
- Property Type:
MultiFamily
- Architectural Style:
- Bedrooms:
- Bathrooms:
- Dwelling Size:
0 Square Feet
- Lot Size:
0.17 Acres
- Lot Description:
- Stories:
3
- Year Built:
1904
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces: 0
Features: OnStreet
- Area:
_148
- Views:
ParkGreenbelt, TreesWoods, Valley
- Schools:
High School(s): Lincoln
Middle School(s): West Sylvan
Elementary School(s): Ainsworth
- HOA:
- Senior Community:
- Heating:
Baseboard,ForcedAir
- Cooling:
None
- Appliances:
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
None
- Foundation:
Slab
- Roof:
Composition