8128-8132 NE Beech St - Apartments FOR SALE


Portland, OR 97213- Roseway
$799,000 USD
503-522-4645
8128-8132 NE Beech St, Portland, OR for Sale
$799,000 USD
Apartments - FOR SALE
1/24
null | 6.07% Cap Rate

8128-8132 NE Beech St
Portland, OR 97213
Roseway


HIGHLIGHTS

  • Public Transportation
  • Fully rented
  • Easy landscaping

OVERVIEW

This 4 plex located in Roseway presents a prime investment opportunity. The units are fully rented and on month to month leases. The lot features easy landscaping and plenty of off street parking. Roof & vinyl windows installed in 2017 and two of the units have updated plumbing. One unit has private laundry in unit and the other three share a laundry space. Location brings convenient transportation options with multiple bus stops within 2 blocks, bike score of 92 and the Building a Better 82nd project currently being worked on. Opportunity for owner occupied FHA financing, making it a great option for a 'Owner Occupied Housing Hack.' Whether you're an experienced investor or looking to diversify your portfolio this is a great find.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

4

PRICE/UNIT

$199,750

CAP RATE

6.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R2

APN/PARCEL ID

R300343

ASK ABOUT THIS PROPERTY

Benjamin DroukasWindermere Realty TrustMore Info
503-522-4645

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Benjamin DroukasWindermere Realty TrustMore Info
503-522-4645

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.