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- LoopNet Team
600 SE 175th Pl
Portland, OR 97233
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- CLOSE TO MAX AND TRANSPORTATION
- NO LEAD BASE PAINT AND NO GALVANIZED PIPES
- CLOSE TO PARKS
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1994 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | CMU - Corridor Mixed Use | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | CMU - Corridor Mixed Use |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Refrigerator
- Range
ABOUT 600 SE 175TH PL , PORTLAND, OR 97233
PRICE CUT from $679,950 to $649,000!!! Hurry - give me a call! Seller will consider offers at $649000 or BEST OFFER. Seller to do a 1031 Exchange. Seller has had 5 multiunit properties and this building has been the best!! All RENTS have been PAID and are Up to Date. PERFECT FOR INVESTOR OR OWNER OCCUPANT ATTENTION: One unit to be VACANT soon. GREAT OPPORTUNITY for OWNER OCCUPIED PURCHASE- NO EVICTION procedures needed. For INVESTORS: these Units are very easy to rent. You will be able to get the going market rental rate for the available unit. This will further help your numbers in making your evaluation. 1994 Building in a location that is private but convenient to MAX, parks, shopping & freeway. Newest building for sale in area. No lead paint or galvanized pipes. Current Total Monthly Rental Income is $4414 (6.45 projected CAP rate based on current market rental values for the area of $1200). FEATURES OF BUILDING Building is 2 levels and 3200 Sq. Ft. Each Unit has 2 Bedrooms and 1 Bathroom 11004 Sq. Ft. Lot Parking for 7 Cars Upgrades: New Floors & Exterior Paint 2016; New Roof 2019 w/warranty Call Nancy Shropshire at 503-757-1464 for Additional Information Real Estate Broker Licensed in the State of Oregon Mal & Seitz Real Estate Solutions Office Number 503-667-1200
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,103 | 800 |
PROPERTY TAXES
| Parcel Number | R337955 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $366,990 |
PROPERTY TAXES
