1838 SW MILL STREET TER, Portland, OR 97201

$599,900
List Price
$599,900
Price Change
▼ $59,100 1618978146
Days on Market
27
MLS#
21045349
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
Active

Property Description

This property currently has an existing Duplex with a buildable lot. Can add more units. Buyer to do their Due Diligence. The RM2 zone is a medium-scale multi-dwelling zone. 3-4 story buildings. The types of new development will include a diverse range of multi-dwelling structures, fourplexes and rowhouses. Build a new complex with City and Mountain views or add on to existing Duplex. Do not disturb tenants or walk on property without an appointment. No sign on property. Driveway is up hill on L

Additional Information

Tax Amount
$6,477
Year Built
1890
High School
Lincoln
Elementary School
Ainsworth
Middle School
West Sylvan
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Cedar, Wood Siding
Roof Type
Flat
Sewer Description
Public Sewer
Water Description
Public
View
City, Mountain(s)
Sq Ft Approximate Building Total
2100
Capitalization Rate
2.34
Operating Expenses Actual
40800
Gross Income Actual
20280
Gross Rent Multiplier
29.58
Net Income Actual
14041
Occupancy Types
Month To Month
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1650
Unit Type One Sq Ft
780
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1690
Unit Type Two Sq Ft
824
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 Elite Realty & Associates LLC.

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