ATTN: Househackers! Here's a great spot to build equity with this duplex at the corner of upper Sandy and 82nd. Long term tenants under market value rent, on month-to-month tenancy. Rental comps come in at $1900 per month, per side. Cap rate with market value rents comes in at 6.27%.… Read More Tenants pay utilities. Quick access to 205, commuting, great eats, and forest bathing in the Grotto. Mirroring layouts for units. This area sits near the cultural energy of the Jade District—one of Portland’s most diverse and entrepreneurial districts. Live in one side and stabilize your costs, rent both units later, hold as a long-term investment, or leverage appreciation as the corridor evolves. Read Less
Listing courtesy of The Agency Portland.
Listing Snapshot
Days Online
0
Last Updated
Lot Size
0.11 Acres
Year Built
1978
MLS Number
396587995
30 Days Snapshot Of 97220
$436k
+2%
(avg) sold price
36
+33%
homes sold
31
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Built in 1978, Storage: None, Stories: 1, Unit Type Type: UnitTypeType1
Community
Community Features: Commons
Cooling
Cooling: None
Disclosures
Disclosures: Disclosure
Exterior Features
Exterior Description: T111Siding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: Baseboard
Income
CAP Rate: 3.75, Gross Income: $18,720, Gross Rent Multiplier: 26.66, Gross Scheduled Income: $30,420, Net Operating Income: $18,720
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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