6611 N Seneca St

    Portland, OR 97203
    • $485,000
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 20472691
    UPDATED: 22 min ago
    $485,000
    • 5
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,808
      SQFT
    • $268
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great income producing property! Projected Cap Rate over 6%! Solid ranch style duplex on a large lot in a great location. Good tenants. Spacious units with small private yard area. Many newer appliances, newer counters. Chimneys have been removed & fireplaces tastefully boarded up. 3 bed unit has large 3rd bedroom with en-suite bath & exterior door. New roof Dec'19. Interior pics are of 3 bedroom unit before tenant moved in. Good, solid property for a first time investor.

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    Listing content is copyright © 2020 RMLS™, Portland, Oregon. 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 are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2020-04-07T20:58:52.65.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 and should be independently verified.
    www.matinrealestategroup.com/homes/103398219

    6611 N Seneca St Portland, OR 97203

    • Price: $485,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 20472691
    5
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,808
    SQFT
    $268
    $/SQFT
    1980
    Built
    Neighborhood:
    141-Portland North
    County:
    Multnomah
    Area:
    141-Portland North
    Elementary School:
    James John
    Middle School:
    George
    High School:
    Roosevelt
    Property Description
    Great income producing property! Projected Cap Rate over 6%! Solid ranch style duplex on a large lot in a great location. Good tenants. Spacious units with small private yard area. Many newer appliances, newer counters. Chimneys have been removed & fireplaces tastefully boarded up. 3 bed unit has large 3rd bedroom with en-suite bath & exterior door. New roof Dec'19. Interior pics are of 3 bedroom unit before tenant moved in. Good, solid property for a first time investor.
    Exterior Features

    Exterior Description T-111 Siding Lot Description Level Lot Size 5000 To 6999 Sqft Parking Features OpenPaved Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Cooling Description None Foundation Details Concrete Perimeter Heating Description Zoned Hot Water Description Electricity Unit Features DishwasherMicrowaveStorageWasher/Dryer Hookup Unit Type1 Features DishwasherMicrowaveStorageWasher/Dryer Hookup Unit Type1 Sq Ft 780 Unit Type2 Features DishwasherMicrowaveStorageWasher/Dryer Hookup Unit Type2 Sq Ft 1028

    Property Features

    Bank Owned YN No Capitalization Rate 4.29 Country Us Fuel Description Electricity Gross Income Actual 33763 Gross Income Projected 35625 Gross Rent Multiplier 14.36 Net Income Actual 20810 Net Income Projected 29252 Occupancy Types LeasedMonth To Month Operating Expenses Actual 12953 Operating Expenses Projected 6373 Rent Includes Trash Collection Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 4392.40 Third Party Approval YN No Unit Type1 Rent 1225 Unit Type1 Units Total 1 Unit Type2 Rent 1725 Unit Type2 Units Total 1 Zoning R 2.5

    Listing provided courtesy of Polaris Realty Nw.


    Listing content is copyright © 2020 RMLS™, Portland, Oregon. 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 are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2020-04-07T20:58:52.65.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 and should be independently verified.
     
    Matin Real Estate
    5441 SW Macadam Ave. Suite 208
    Portland OR, 97239