7612 SE 65TH AVE, Portland, OR 97206
- $850,000
- 3,030
- SqFt
- List Price
- $850,000
- Days on Market
- 0
- MLS#
- 700106151
- Property Type
- Multifamily
- Sqft. of Residence
- 3,030
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Updated 4-Plex with $7,740/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with two 3-Bedroom/2-Bath units, a 3-Bedroom/1-Bath unit and a 2-Bedroom/1-Bath unit with an attached garage. Major Remodel in 2018/2019 with new electric meters, panels and circuits, pex plumbing, new sewer lines, new gas furnaces, water heaters, and updated finishes throughout. Remodel includes converted garages to bedroom/bathroom in Units 7614 & 7706 and a bonus room/bedroom in Unit 7704. Property consists of TWO duplexes with their own utilities on their own legal lots of record. This would be EZ to split into two tax lots and sell as duplexes separately! With $92,880 estimated annual income, this building is selling at a very enticing 9.2 GRM and a whopping 6.8% cap rate! Stable tenant base, quiet street and good neighborhood make this 4-Plex a great PDX investment. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236657]
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Additional Information
- Tax Amount
- $7,354
- Year Built
- 1942
- High School
- Cleveland
- Elementary School
- Whitman
- Middle School
- Brentwood
- Garage Spaces
- 1
- Acres
- 0.23
- Living Area
- 3,030
- Stories
- 1
- Subdivision
- Brentwood / Darlington
- Lot Size Dimension
- 100' x 100'
- Terms
- Cash, Conventional, VA Loan
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Gas, Tank
- Exterior Description
- Cement Siding, Lap Siding, Shake Siding, Wood Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Parking
- Driveway, Off Street
- Parking Description
- Driveway, Off Street
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1800
- Unit Type One Sq Ft
- 573
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 3
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 3
- Unit Type Three Rent
- 1940
- Unit Type Three Sq Ft
- 841
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 2
- Unit Type Four Beds Total
- 3
- Unit Type Four Rent
- 2050
- Unit Type Four Sq Ft
- 808
- Unit Type Four Units Total
- 1
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