2166 NE CLACKAMAS ST, Portland, OR 97232

$630,000
Sold Price
$630,000
List Price
$634,750
Closing Date
Aug 23, 2019
Days on Market
13
MLS#
19433622
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Sold

Property Description

Great investment opportunity! "Old Portland" style duplex in heart of Sullivan's Gulch. Solid tenants already in place. 2 - 1 bed/1 bath units. 1 unit on main/1 unit up. Each have private entrance from large covered front porch for a traditional home feel. Lots of period moldings, built-ins, pocket doors, wood floors, windows and charm. Many cosmetic/mechanical/structural updates including separate utilities; see list for full details.

Additional Information

Tax Amount
$4,664
Year Built
1906
High School
Grant
Elementary School
Beverly Cleary
Middle School
Beverly Cleary
Garage Spaces
2
Stories
3
Subdivision
Sullivans Gulch
Terms
Cash, Conventional
Basement Foundation
Full Basement, Exterior Entry, Storage Space
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity, Gas
Exterior Description
Lap Siding, Shingle Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
13
Sq Ft Approximate Building Total
2491
Capitalization Rate
3.85
Operating Expenses Actual
6736
Gross Income Actual
31200
Gross Rent Multiplier
20.34
Net Income Actual
24464
Occupancy Types
Month to Month
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Open
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1300
Unit Type One Sq Ft
1056
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1300
Unit Type Two Sq Ft
883
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate. Selling Office: Meadows Group Inc., Realtors.

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