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3572 NE Garfield Ave
Portland, OR 97212
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • 91 walk and 100 bike scores
  • Natural light
  • Stainless steel appliances
  • Patio & fencing
  • Open floor plan
  • Washer & Dryer included in laundry space

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 5,741 SF
No. Stories 2
Year Built 2019
Zoning R1

ABOUT 3572 NE GARFIELD AVE , PORTLAND, OR 97212

Property features include 5 completely private, self-contained homes perfect for its vibrant location! Each individual home has between 1,100-1,200sf of space with 2 bedrooms, 2 ½ baths, covered entry areas and outdoor spaces with a patio and fencing! Features include modern amenities including wood floors, tall ceilings, white millwork, designer paint colors and fixtures, lots of windows and natural light, a spacious floorplan, recessed lighting, beautiful kitchens with slab countertops, stainless steel appliances and a cooking island! The bathrooms are equally as nice and showcase extensive quality tile work! The master suites are beautiful! Each home includes a laundry space with a washer & dryer which is top priority for the rental market! Rents are forecasted between $2,400-$2,500 per month, per unit creating an exceptional cap rate for a new construction property that will have little to no maintenance for years! This exceptional offering can only be made better by coupling it with todays exceptional interest rates!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 5 $2,470 1,136 - 1,197

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R102960
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$601,410
  • Listing ID: 16133333

  • Date on Market: 5/22/2019

  • Last Updated:

  • Address: 3572 NE Garfield Ave, Portland, OR 97212

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