2010 SE SHERMAN ST, Portland, OR 97214

$1,495,000
6,229
SqFt

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List Price
$1,495,000
Price Change
▼ $100,000 1783657181
Days on Market
118
MLS#
554268406
Property Type
Multifamily
Sqft. of Residence
6,229
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Great value in this Mediterranean 10-Unit just 2 blocks north of Division! Strong tenant demand for this timeless apt bldg with newer vinyl windows and membrane roof with tile shingles accenting the apartment entryways. Eight (8) 1BR/1BA units and two (2) Studios with hardwood floors and tiled kitchens and baths. Timeless vintage courtyard features all new concrete walkways poured over steel rebar. This improvement has brought the courtyard back to its original glory. As you enter the courtyard there are two wings comprising six (6) units accessible directly from the courtyard and four (4) units anchor the building in the rear stacked on two levels. New water line 2006. Basement features Laundry & Individual Storage. Solid upside on rents, last 1BR rented fast at $1,495 in just days. Professionally managed. Please Do Not Disturb Tenants.

Additional Information

Tax Amount
$19,395
Year Built
1927
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Acres
0.23
Living Area
6,229
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard, Wall Heater
Hoa Rent Includes
Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Stucco
Roof Type
Flat, Membrane, Tile
Sewer Description
Public Sewer
Security Or Entry
Security Lights
Number Of Units Total
10
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1425
Unit Type One Sq Ft
540
Unit Type One Units Total
8
Unit Type Two Baths Total
1
Unit Type Two Units Total
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Equity Pacific Real Estate LLC.

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