405 NE 62ND AVE, Portland, OR 97213

$535,000
List Price
$535,000
Price Change
▼ $15,000 1530656352
Days on Market
98
MLS#
18185232
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Extremely well located North Tabor mid-century modern duplex. Units are spacious, and very well remodeled. Rear unit has covered patio facing view of downtown skyline. Front unit features nice garden patio with custom fencing. Kitchen cabinets all new, appliances, and engineered flooring too. There is under building storage too. Yard care is virtually turn-key too. Please do not disturb the residents. Ideal owner Occ too.

Additional Information

Tax Amount
$4,204
Year Built
1965
High School
Franklin
Elementary School
Glencoe
Middle School
Mt Tabor
Garage Spaces
2
Stories
1
Subdivision
North Tabor
Terms
Cash, Conventional, FHA, VA Loan
Basement Foundation
Crawl Space, Stem Wall, Storage Space
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City
Sq Ft Approximate Building Total
1632
Capitalization Rate
4.79
Operating Expenses Actual
8384
Gross Income Actual
36540
Gross Rent Multiplier
14.64
Net Income Actual
26329
Occupancy Types
Leased, Month to Month
Utilities Included
Trash Collection, Sewer, Water, Landscaping
Parking Description
Open, Paved
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1495
Unit Type One Sq Ft
816
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1550
Unit Type Two Sq Ft
816
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 CORE, Realtors.

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