441 NE SUMNER ST, Portland, OR 97211

$625,000
List Price
$625,000
Days on Market
6
MLS#
20636742
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
Pending

Property Description

Classic 1940's side by side with many upgrades. New bathrooms in basement and updated electrical/plumbing and mechanical. 441 has a bonus room in basement. Hardwood floors, fireplaces, fenced private yard, garages, decks, and CG zoning! DRive by only, DND tenants. No sign.Each unit has its own water meter, tenants pay water. garages of no value.

Additional Information

Tax Amount
$3,116
Year Built
1943
High School
Grant
Elementary School
Martinl King Jr
Middle School
Harriet Tubman
Stories
2
Subdivision
Alberta Arts
Energy Efficiency Features
Forced Air - 90%, Insulation and Ceiling Insulation, Double Pane Windows
Terms
Cash, Conventional, FHA
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
6
Sq Ft Approximate Building Total
1861
Capitalization Rate
6.45
Operating Expenses Actual
10323
Gross Income Actual
50100
Gross Rent Multiplier
12.48
Net Income Actual
40342
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1975
Unit Type One Sq Ft
930
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
2250
Unit Type Two Sq Ft
930
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Pozitive Properties NW.

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