8207 N MONTANA AVE, Portland, OR 97217

$1,200,000
List Price
$1,200,000
Days on Market
5
MLS#
18238272
Property Type
Multifamily
Lot Size
0K to 2, 999 SqFt
Region
Portland North
Status
Active

Property Description

Beautiful 2015 built 6 unit, N. of the W. Lombard exit off I-5. High quality building with strong operations and a quality tenant base. Perfect for the investor who wants a turnkey property that has strong cash flow. Units feature high quality appliances, AC, Valinge LVP flooring, washer/dryers, non-smoking. 1 block from Interstate MAX line. Walk score: 84, bike score: 97, walking distance to Denver St. shops and restaurants.

Additional Information

Tax Amount
$9,162
Year Built
2015
High School
Jefferson
Elementary School
Chief Joseph
Middle School
Ockley Green
Stories
3
Terms
Call Listing Broker
Fuel Description
Electricity
Heating Description
Wall
Roof Type
Shingle
Sewer Description
Public
Water Description
Public
Sq Ft Approximate Building Total
4320
Capitalization Rate
6.20
Operating Expenses Actual
20857
Gross Income Actual
95213
Gross Rent Multiplier
12.60
Net Income Actual
74356
Occupancy Types
Leased, Month to Month
Utilities Included
Garbage, Sewer, Water
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1392
Unit Type One Sq Ft
720
Unit Type One Units Total
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Joseph Bernard LLC.

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