900 NE 91ST AVE, Portland, OR 97220

$749,900
4,096
SqFt

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List Price
$749,900
Price Change
▼ $15,100 1782413899
Days on Market
159
MLS#
285142697
Property Type
Multifamily
Sqft. of Residence
4,096
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

<< ASSUMABLE LOAN at 4.85% >> Investment Opportunity awaits!!! Don't miss this TRI-PLEX w/ a 6.74% CAP RATE in the desirable Montavilla neighborhood. With 3 addresses (#900, #904 & #908) on 1 tax lot, this property is perfect for investors & owner-occupants alike (...did I mention the assumable loan...) Live in one unit and rent out the others to significantly offset your mortgage, or rent all 3 and cash flow! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. Detached home out front (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. #900 is recently VACANT (previously rented for $1,850/mo) and can be shown anytime with scheduled apt. DO NOT DISTURB TENANTS in duplex (i.e. do not go past the back side of the sing-fam unit). [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]

Additional Information

Tax Amount
$11,318
Year Built
2005
High School
Leodis McDaniel
Elementary School
Vestal
Middle School
Harrison Park
Garage Spaces
2
Acres
0.17
Living Area
4,096
Stories
2
Subdivision
Montavilla
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Gas
Heating Description
Forced Air
Hoa Rent Includes
Maintenance Grounds, Trash Collection
Hot Water Description
Electricity, Gas
Exterior Description
Cement Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
7
Unit Type One Beds Total
3
Unit Type One Rent
1920
Unit Type One Sq Ft
1661
Unit Type One Units Total
1
Unit Type Two Baths Total
7
Unit Type Two Beds Total
3
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Sq Ft
774
Unit Type Three Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Keller Williams PDX Central.

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