18857 SE Giese Rd

Gresham, OR 97080 View Map $1,099,000 Schedule a Tour
Sq.Ft.4,829
Year1927
Matin Real Estate

Matin Real Estate

(503) 436-7741
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Status: Active
Property Type:Multi-Family
MLS ® #:21010651
Sq. Feet:4,829
On Site:69 Days
County:Multnomah
This property was formerly use as a Residential Care Facility for 11 beds. Presently under a 3 year lease with $6,500 monthly Great future potential to develop the existing 2.7 acres, zoning allow duplex, triplex. New roof and new flooring. Owner is a licensed Realtor. Make offer subject to interior inspection.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:18857 SE Giese Rd Gresham, OR 97080
County:Multnomah
City:Gresham
Zip Code:97080

School Information

High School:Centennial
Middle School:Gordon Russell
Elementary School:Butler Creek

Architecture

Year Built:1927
Exterior: Lap Siding
Property Condition: Updated/Remodeled
Unit 1 Bedrooms: 9
Unit 1 Bathrooms: 9
Roof: Composition
Foundation: Concrete Perimeter
Basement: Crawl Space, Partial Basement
Parking Features: Off Site

Features / Amenities

Total Sq. Ft.:4829
Heating: Forced Air
Cooling: Central Air
Fuel: Gas
Hot Water: Gas

Property Features

Lot Dimensions:1 to 2.99 Acres
Lot Description: Level
Sewer: Septic Tank
Water: Well
Road Surface: Paved
Zoning:MDR
Directions:190TH to Giese Rd

Tax and Financial Info

Listing Financing: Conventional
Tax Amount: 7004.21
Tax Year: 2019
Capitalization Rate: 6.39
Actual Operating Expense: 7800
Actual Gross Income: 78000
Actual Net Income: 70200
Occupancy: Leased

Listing Office

Listing provided courtesy of Great Western Real Estate Co.

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18857 SE Giese Rd Gresham, OR 97080
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18857 SE Giese Rd Gresham, OR 97080
 
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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. Listing content is copyright © 2021 RMLS®, Portland, Oregon.

This content last updated on May 10, 2021. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing 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.