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Listed by Farrell Realty & Property Management, Inc • info@farrellrealty.com
$ 1,749,900
Est. payment | /mo
7,070 SqFt
$ 1,749,900
Est. payment | /mo
7,070 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,070 sqft
Price per Sqft $247
Subdivision Cathedral Park
MLS Listing ID 702711980
Year Built 1925
Annual Tax Amount $18,394
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
Don't miss out on this exceptional investment opportunity! This impeccably maintained and professionally managed 9-plex in the highly sought-after Cathedral Park neighborhood offers a perfect blend of strong rental income and unbeatable location. Featuring 6 spacious two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house, this property provides diverse rental options for maximum appeal. With 8 off-street parking spaces and just minutes from the vibrant downtown St. Johns – home to trendy restaurants, boutique shops, and local hotspots – it's the perfect spot for tenants. Plus, with public transportation right at your doorstep, convenience is key! New roof in 2024. A Walk Score of 90 and Bike Score of 87 make this an incredibly accessible location. All units are currently rented at market rates, ensuring a steady stream of income from day one. Act fast – opportunities like this don't last long!
Location
State OR
County Multnomah
Area _141
Zoning RM2
Rooms
Basement Crawl Space, Unfinished
Interior
Heating Zoned
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, On Busline
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools James John
Middle Schools George
High Schools Roosevelt
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224