7614 SE 65TH AVE Portland, OR 97206
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Price:
$439,900
Units:
2
Acres:
0.11
Unit 1:
2 Bed 1.0 Bath $1,800/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
Unit 2:
3 Bed 2.0 Bath $1,950/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer
MLS#:
394137778
Lot Size:
5,000 to 6,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
1942
Taxe/yr:
$3,677.31
County:
Multnomah
Status:
Active
Levels:
1
Heat:
Forced Air
Elem:
Whitman
Middle:
Brentwood
High:
Cleveland
Lot Desc:
Level, Public Road
Area:
Portland Southeast
Courtesy of:
Opt
Remarks:
Updated DUPLEX with $3,750/monthly income - this one CASH FLOWS! Desirable single-level living in Brentwood with a 3-Bedroom/2-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 Unit 7614. With $45,000 estimated annual income, this building is selling at a very enticing 9.8 GRM and a whopping 6.2% cap rate! Stable tenant base, quiet street and good neighborhood make this DUPLEX a great PDX investment w/LT upside!
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