7405 NE PRESCOTT ST, Portland, OR 97218

$560,500
Sold Price
$560,500
List Price
$575,000
Closing Date
Mar 30, 2018
Days on Market
8
MLS#
18012696
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
Sold

Property Description

Two homes on 1 oversized, corner lot in hip Cully neighborhood! Convenient to airport, freeways & local cafes. Main home consists of 2BR, 1BA w/ oak floors, fireplace, vintage leaded glass windows, interlocking aluminum roof, newer 95+ gas furnace & full basement & fireplace. 2BDR, 1BA quaint carriage house w/ coffered ceilings. Two separate garages accommodates 3+ cars. Great fit for owner occupy! Listing agents are related to seller.

Additional Information

Tax Amount
$5,636
Year Built
1941
High School
Madison
Middle School
Scott
Garage Spaces
3
Stories
2
Subdivision
Cully
Terms
Call Listing Agent, Cash, Conventional
Basement Foundation
Full Basement, Unfinished, Storage Space
Fuel Description
Gas
Heating Description
Forced Air 95+%
Hot Water Description
Electricity
Exterior Description
Cedar, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Cumulative Days On Market
8
Sq Ft Approximate Building Total
2705
Capitalization Rate
4.58
Operating Expenses Actual
9364
Gross Income Actual
35690
Gross Rent Multiplier
16.11
Net Income Actual
26326
Occupancy Types
Leased, Vacant
Security Or Entry
Entry, Sidewalk
Utilities Included
Trash Collection
Parking Description
Attached, Detached
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1720
Unit Type One Sq Ft
1920
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1125
Unit Type Two Sq Ft
785
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC. Selling Office: Keller Williams-PDX Central.

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