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Listing 5 out of 99
$2,995,000 For Sale

1714 NE 45th Ave
Portland, OR 97213

8 units | Multi Family Home - MLS# 18490325
Property Photo
1/14

Description

The Hollywood 8 is a stunning apartment building now available in The Hollywood District. Building has 8 large 2-bed apts. Units include A/C, private balconies & a surplus of storage. Large windows maximize city views on higher floors. Kitchens feature quartz counter tops, custom cabinets and SS appliances, with W/D in every unit. Tenants moving in mid-August.Income numbers based on proforma as building is currently under lease-up.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • New Construction: Y
  • Listing Status: Active
  • County/Area: Multnomah County
  • Zip Code: 97213
  • Year Built: 2018
  • Subdivision/Neighborhood: Hollywood
  • Elementary School: Beverly Cleary
  • Middle School: Beverly Cleary
  • High School: Grant
  • Sq.Ft.: 9,020 sq ft
  • Stories: 4-Story
  • Units: 8 units
  • Basement: Daylight
  • Lot Size: 3, 000 To 4, 999 Sqft
  • View: City Yes
  • Zoning: CS
  • Area: Portland Northeast
  • Cooling: Heat Pump
  • Exterior: Cement Siding, Metal Siding
  • Fuel: Electricity
  • Gross Income Actual: 208437
  • Gross Income Projected: 208437
  • Gross Rent Multiplier: 14.37
  • Heating: Mini Split
  • Hot Water: Tank
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Actual: 155124
  • Net Income Projected: 155124
  • Operating Expenses Actual: 53312
  • Operating Expenses Projected: 53312
  • Roof Type: Flat
  • Sewer: Public Sewer
  • Tax Amount: 3552.88
  • Terms: Cash, Other
  • Unit Features: Deck, Dishwasher, Washer/Dryer, Air Conditioning
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Washer/Dryer, Air Conditioning
  • Unit Type 1 Sq Ft: 941
  • Unit Type 1 Units Total: 6
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Washer/Dryer, Air Conditioning
  • Unit Type 2 Sq Ft: 808
  • Unit Type 2 Units Total: 2
  • Utilities Included: Trash Collection
  • Water: Public
  • Year Built Info: New Construction
Courtesy of Keller Williams-Pdx Central

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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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