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- LoopNet Team
1833 NE 52nd Ave
Portland, OR 97213
Hollywood 7 plex · Multifamily Property For Sale
·
1 Unit
PROPERTY FACTS
| No. Units | 1 | Building Size | 4,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1912/1998 |
| Building Class | C | Parking Ratio | 0.65/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | R5 | ||
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,600 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1912/1998 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Fireplace
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Oven
- Smoke Free
- Window Coverings
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Gas Range
- Pet Play Area
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Vintage Building
- Composting
- Zen Garden
- Public Transportation
ABOUT 1833 NE 52ND AVE , PORTLAND, OR 97213
6.0 Cap -- Want to Own A Gorgeous Apartment? **Seller Lease Back: Seller will consider 6 - 12 month leaseback of two apartments at market rates!! **Perfect Owner-Occupied building in a desirable, close-in, & peaceful residential neighborhood with TREMENDOUS UPSIDE!! **NEVER HARD TO RENT! **Not your typical cookie-cutter apartment - More than just another Apartment Complex. Tenants here are proud to invite their friends over to "show-off" their unique and beautiful digs! 100 Year-Old 7 Unit Apartment Building situated on an extra large lot in a hot residential neighborhood. Potential market value ($250,000.00) of extra lot not included in asking price! **Natural woodwork throughout. Hardwood and High-End Laminate Floors in all apartments **Apartments show less than a 2% vacancy rate. Huge upside on rent and location. Terms: *Cash Out - Buyer must be willing to work with owner on 1031 Exchange *Seller Will Lease Back 1 or 2 apartments on a 6-12 month Lease at Market Rents for full-price offer *2.5% Courtesy to Brokers for full-price sale *Write Offer subject to Interior Inspection *Do NOT DISTURB Tenants -- Tenants know the building is for sale and want to stay *Extra Lot is currently not buildable without a variance from the city. However, with the emphasis on infill, expect the lot to become buildable in the near future. Lots in this neighborhood are valued at $250,000. Value of the extra lot not included in price!!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | R156731 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $498,580 |
PROPERTY TAXES
