2312 NE Lombard St

    Portland, OR 97211
    • $350,000
    • STATUS: Active
    • ON SITE: 212 days
    • MLS #: 19057564
    UPDATED: 49 min ago
    $350,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,645
      SQFT
    • $213
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Information

    Elementary School:
    High School:

    Description

    Single-level duplex located on Lombard, the artery of NE Portland. Both units are currently rented at market rates - one side is on a 12-month lease and the other is month-to-month. Unit 2312 features an updated kitchen and new carpet throughout. 2314 has new carpet and Jacuzzi-style bathtub. Large shared backyard and carport for both units. Perfect opportunity for an FHA buyer looking to offset their mortgage with an income stream!

    Monthly Payment Calculator

    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Matin Real Estate LLC | Inspire Realty, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-11T19:59:04.59.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Matin Real Estate LLC | Inspire Realty, LLC and should be independently verified.
    www.matinrealestategroup.com/homes/93643176

    2312 NE Lombard St Portland, OR 97211

    • Price: $350,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 19057564
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,645
    SQFT
    $213
    $/SQFT
    1973
    Built
    Neighborhood:
    Dekum/Concordia
    County:
    Multnomah
    Area:
    142-Portland Northeast
    Elementary School:
    Faubion
    High School:
    Jefferson
    Property Description
    Single-level duplex located on Lombard, the artery of NE Portland. Both units are currently rented at market rates - one side is on a 12-month lease and the other is month-to-month. Unit 2312 features an updated kitchen and new carpet throughout. 2314 has new carpet and Jacuzzi-style bathtub. Large shared backyard and carport for both units. Perfect opportunity for an FHA buyer looking to offset their mortgage with an income stream!
    Exterior Features

    Exterior Description Lap Siding Garage Or Parking Spaces 4 Lot Size 7000 To 9999 Sqft Parking Description Carport Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Foundation Crawl Space Cooling Description None Heating Description Baseboard Hot Water Description Electricity Unit Features RefrigeratorStorageWasher/Dryer HookupWindow Coverings Unit Type1 Features RefrigeratorStorageWasher/Dryer HookupWindow Coverings Unit Type1 Sq Ft 825 Unit Type2 Features RefrigeratorStorageWasher/Dryer HookupWindow Coverings Unit Type2 Sq Ft 824

    Property Features

    Bank Owned YN No Capitalization Rate 4.40 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 29400 Gross Income Projected 30000 Gross Rent Multiplier 11.90 Net Income Actual 15400 Net Income Projected 18000 Occupancy Types LeasedMonth To Month Operating Expenses Actual 12000 Operating Expenses Projected 12000 School High2 Madison Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Locked Tax Amount 3441.18 Third Party Approval YN No Unit Type1 Rent 1250 Unit Type1 Units Total 1 Unit Type2 Rent 1200 Unit Type2 Units Total 1 Utilities Included Trash CollectionSewerWater Year Built Description Remodeled Zoning R2

    Listing provided courtesy of Rarebird Real Estate.
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Matin Real Estate LLC | Inspire Realty, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-11T19:59:04.59.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Matin Real Estate LLC | Inspire Realty, LLC and should be independently verified.
     
    Matin Real Estate LLC | Inspire Realty, LLC
    5441 SW Macadam Ave. Suite 208
    Portland OR, 97239
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