5860 GLEN ECHO AVE, Gladstone, OR 97027

$595,000
List Price
$595,000
Price Change
▼ $30,000 1568249031
Days on Market
46
MLS#
19010742
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Status
Active

Property Description

Newer duplex. Near freeway. Great investment opportunity. Please do not disturb tenants. OPEN HOUSE 9/4 2PM-6PM.

Additional Information

Tax Amount
$6,777
Year Built
2014
Stories
2
Terms
Cash, Conventional
Basement Foundation
No Basement
Cooling Description
None
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity, Tank
Exterior Description
Lap Siding
Roof Type
Shingle
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2964
Capitalization Rate
4.9
Operating Expenses Actual
9736
Gross Income Actual
40200
Gross Rent Multiplier
14.80
Net Income Actual
30614
Occupancy Types
Month to Month
Utilities Included
Sewer, Water
Parking Description
Attached, Garage
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
1675
Unit Type One Sq Ft
1482
Unit Type One Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of PII Group LLC.

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