- ADDRESS:
- 1120 SW BROADWAY DR Portland, OR 97201
- Videos:
- Virtual Tour Print this Listing
- Price:
- $850,000
- Units:
- 3
- Acres:
- 0.17
- Unit 1:
-
2 Bed
1.0 Bath
$2,265/mo
Features: Deck, Range, Refrigerator, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$2,090/mo
Features: Deck, Range, Refrigerator, Washer/Dryer - Unit 3:
-
1 Bed
1.0 Bath
$1,650/mo
Features: Furnished, Range, Refrigerator, Washer/Dryer - MLS#:
- 374309510
- Lot Size:
- 7,000 to 9,999 SqFt
- Type:
- Multi
- Zone:
- R10
- Yr Built:
- 1904
- Taxe/yr:
- $6,463.17
- County:
- Multnomah
- Status:
- Active
- Levels:
- 3
- Heat:
- Baseboard, Forced Air
- View:
- Park/Greenbelt, Trees/Woods, Valley
- Elem:
- Ainsworth
- Middle:
- West Sylvan
- High:
- Lincoln
- Lot Desc:
- Green Belt, Public Road, Sloped, Trees, Wooded
- Area:
- Portland NW/ SW/ S, Raleigh Hills
- Courtesy of:
- Richard Ballew Realty
- Remarks:
- CAP RATE OF 6.83. FULLY REMODELED UNITS THAT RENT QUICKLY AND HAVE LOW TAXES, A REAL INCOME PRODUCER...This is a legal tri-plex. Quartz countertops, high end LVP flooring, new electrical meters, all with a view. This is the income property you've been looking for. WASHER AND DRYERS PROVIDED IN ALL THREE UNITS. No amount of superlatives can fully describe the Marquam Park location, its views, and abundant wildlife....all CLOSE TO DOWNTOWN WITH OHSU CLOSER. Updates include Unit 1(top): LVP flooring/Barn doors/Kitchen Cabinets/Quartz countertops/SS appliances/LED lighting/Microwave, new toilet Unit 2(middle): LVP flooring/Kitchen Cabinets/Quartz countertops/Barn Doors/SS Appliances/LED lighting/bath 6 years new(fridge in this unit is white in pics but is now stainless), Unit 3(lower) with New Carpet/tile/appliances(no dishwasher)/washer & dryer/Acia wood kitchen countertop....Remarkable rent history typified by the latest rental of unit 'A'...50 inquiries in 72 hours...it had to be shut down...Taxes are low at $6,214.72. "Rare Investment Opportunity - Triplex with Adjacent Vacant Lot Included at the right price...."...The vacant land is optioned to be purchased separately or bundled together.... MOTIVATED SELLER! BRING ALL OFFERS....