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Listing 10 out of 101
$895,000 Pending

621 NW 22nd Ave
Portland, OR 97210

2 units | Multi Family Home - MLS# 17345845
Property Photo
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Description

Investment opportunity in the heart of the NW flats. 1894 duplex with nostalgic charm. This is truly amazing. Each unit is unique. The main floor unit is 1735SF and the upper unit is 2835SF. The zoning allows many options to enhance your investment. Annual Gross and annual expenses are estimated based on 9 months of income and expenses from 2017. Offers need to be submitted by 10 AM Thursday December 7.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Listing Price: $895,000
  • County/Area: Multnomah County
  • Zip Code: 97210
  • Year Built: 1894
  • Subdivision/Neighborhood: Alphabet District, NW Flats
  • Elementary School: Chapman
  • Middle School: West Sylvan
  • High School: Lincoln
  • Sq.Ft.: 6,310 sq ft
  • Stories: 4-Story
  • Units: 2 units
  • Basement: Full Basement
  • Lot Size: 3, 000 To 4, 999 Sqft
  • Zoning: RH
  • Area: Portland West, Raleigh Hills
  • Common Amenities: Laundry
  • Exterior: Wood
  • Fuel: Gas
  • Gross Income Actual: 68400
  • Gross Rent Multiplier: 13.08
  • Heating: Forced Air
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Actual: 48900
  • Occupancy Types: Vacant
  • Operating Expenses Actual: 19500
  • Roof Type: Composition
  • Sewer: Public
  • Storage: Individual Storage Units, Basement
  • Tax Amount: 5016.10
  • Unit Features: Built-In Dishwasher, Hardwood Floors, Refrigerator, Storage, Washer/Dryer
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Built-In Dishwasher, Hardwood Floors, Refrigerator, Storage
  • Unit Type 1 Sq Ft: 1735
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 4
  • Unit Type 2 Features: Built-In Dishwasher, Hardwood Floors, Refrigerator, Washer/Dryer
  • Unit Type 2 Sq Ft: 2835
  • Unit Type 2 Units Total: 1
  • Water: Public
  • Year Built Info: Approximately
Courtesy of Where, Inc.

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Jim Lutz

Jim Lutz, CCIM
Oregon Principal Broker
Premiere Property Group, LLC
Beaverton, OR 97006

503-750-6388
Contact Me

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Jim Lutz | 
503-750-6388 | Contact Me

1500 NW Bethany Blvd #190 - Beaverton, OR 97006
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