655 SW SHERMAN ST, Portland, OR 97201

$799,500
List Price
$799,500
Price Change
▼ $400 1539924180
Days on Market
74
MLS#
18142044
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland West, Raleigh Hills
Status
Active

Property Description

2 gorgeous turn of the century homes w/ incredible rental history within walking distance to PSU & downtown Portland amenities! Located in RH zoning for high density redevelopment in one of West Portland's highest demand rent locations! Featuring territorial and downtown building views, 83 WalkScore, 87 TransitScore, 69 BikeScore! Updated kitchen, tall ceilings, and lots of permitted updates! A must see! Sale includes 653 & 655 Sherman.

Additional Information

Tax Amount
$10,281
Year Built
1890
High School
Lincoln
Elementary School
Ainsworth
Middle School
West Sylvan
Garage Spaces
2
Stories
3
Subdivision
Psu, South Downtown, Ohsu
Terms
Cash, Conventional, VA Loan
Basement Foundation
Finished, Full Basement
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City, Territorial
Sq Ft Approximate Building Total
4318
Capitalization Rate
9.35
Operating Expenses Actual
11480
Gross Income Actual
81000
Gross Rent Multiplier
9.87
Net Income Actual
74829
Occupancy Types
Leased, Month to Month, Vacant
Utilities Included
Trash Collection, Landscaping
Parking Description
Open, Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
6
Unit Type One Rent
3150
Unit Type One Sq Ft
1525
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
7
Unit Type Two Rent
3600
Unit Type Two Sq Ft
2793
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Keller Williams Realty Portland Premiere.

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