248 CERVANTES, Lake Oswego, OR 97035

$849,900
List Price
$849,900
Days on Market
4
MLS#
18146636
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Lake Oswego, West Linn
Status
Pending

Property Description

Fantastic 4plex,all units are spacious 2 bed/2Bath set-up.Desirable Mt. Park area in LO.GREAT RENTAL HISTORY.Tenants pay all utilities.Units incl washer & dryer, expansive back deck over looking green space, range, refrigerator, window coverings, disposal, fireplace, and garage.Sellers have been diligent about regular maintenance-fresh ext paint. HOA fee provides tenants access to Mt Park Rec Ctr & Pool.Buyer to perform due diligence.

Additional Information

Tax Amount
$10,422
Year Built
1980
High School
Wilson
Elementary School
Markham
Middle School
Jackson
Subdivision
Mountain Park
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Exterior Description
Wood Siding
Roof Type
Tile
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Cumulative Days On Market
4
Sq Ft Approximate Building Total
5780
Capitalization Rate
6.14
Operating Expenses Actual
19389
Gross Income Actual
68400
Gross Rent Multiplier
12.43
Net Income Actual
52182
Occupancy Types
Leased, Month to Month
Utilities Included
None
Parking Description
Garage
Covenants/Restrictions
Yes
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1437
Unit Type One Sq Ft
1160
Unit Type One Units Total
2
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1425
Unit Type Two Sq Ft
1160
Unit Type Two Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of John L. Scott.

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