Sq.Ft.2,568
Year1942
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Status:
Active
Property Type:Multi-Family
MLS #:23295197
Sq. Feet:2,568
On Site:14 Days
County:Multnomah
Fantastic remodeled 4-Plex investment opportunity w/ possibility for owner residence in Lents! This classic 1940s single level property features 3 highly marketable 2 Bed/1 Bath units + a spacious private unit w/3 beds +2 baths incl. a primary suite w/vaulted ceilings. All units have been recently updated w/newer paint, wall heaters, SS appliances. Located on a double lot close to shopping, restaurants & ez commute. All units occupied, PLS DO NOT DISTURB TENANTS. Cap Rate 6%!
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Community Information
Address:6200 SE 103rd AVE, Portland, OR 97266
Area:Portland Southeast
County:Multnomah
City:Portland
Subdivision:Lents
Zip Code:97266
School Information
School System:Earl Boyles
High School:David Douglas
Middle School:Ron Russell
Elementary School:Earl Boyles
Architecture
Year Built:1942
Stories:1
Unit 1 Bedrooms: 2
Unit 1 Bathrooms: 1
Unit 2 Bedrooms: 2
Unit 2 Bathrooms: 1
Unit 3 Bedrooms: 3
Unit 3 Bathrooms: 2
Unit 4 Bedrooms: 2
Unit 4 Bathrooms: 1
Roof: Composition
Basement: Crawl Space
Parking Features: Paved
Features / Amenities
Siding: Wood Siding
Heating: Zoned
Fuel: Electricity
Property Features
Property Condition: Updated/Remodeled
Lot Features: Flood Zone, Level
Lot Size Range: 10, 000 to 14, 999 SqFt
Sewer: Public Sewer
Water: Public Water
Hot Water: Electricity
Internet Service Type: Wireless
Road Surface: Paved
Zoning:R-7
Directions:North of Foster on SE 103rd
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $6,078.05
Rent Includes: Maintenance Grounds, Trash Collection, Water
Listing Terms: Cash, Conventional
Gross Income: $63,000
Operating Expense: $17,689
Legal Description: MONTIA, LOT 9
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6200 SE 103rd AVE Portland, OR 97266
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Want to know more about 6200 SE 103rd AVE | MLS# 23295197
This bedroom, bathroom multi-family for sale in Portland, OR is located in the Lents neighborhood in Multnomah County. The interior space for this Portland property is approximately 2568 square feet and sits on roughly acres.
Buying 6200 SE 103rd AVE...
The asking price is currently $699,000 and pending marketing conditions, that price could be lower or higher than what this property will sell for. Both property and market conditions play a factor in every sale. Our experienced team of Real Estate Agents who know Portland, can offer you everything you need before making a competitive winning offer including a "Buyer Comparable Market Analysis", experienced local mortgage brokers available evenings & weekends, along with our valuable communication skills and positive reputation within the small community of real estate brokers in Portland. We are Makers of Happenings!For more information about 6200 SE 103rd AVE, feel free to send us your questions or call/text our friendly five-star award-winning real estate buyer team at (503) 714-7412. We offer virtual and in-person tours of this and any other property as well as free buyer consultations to prepare and educate you on current market conditions and what to anticipate and how to be proactively prepared and successful in your next home purchase. Contact us today and let us earn your 5-star review!