4400 NE EMERSON ST, Portland, OR 97218

$575,000
List Price
$575,000
Days on Market
12
MLS#
19499817
Property Type
Multifamily
Lot Size
10 to 19.99 Acres
Region
Portland Northeast
Status
Active

Property Description

Do Not Disturb the Tenants! Fully leased cute fourplex located in the Cully neighborhood. Three units have newly renovated kitchens and bathrooms. Each unit has cadet heating, covered front porch, & patio w/fenced back yard. Must have accepted offer prior to viewing. Call agent for flyer with full financial and marketing information.

Additional Information

Tax Amount
$5,396
Year Built
1955
Stories
1
Terms
Cash, Conventional, FHA, VA Loan
Basement Foundation
Slab
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Block
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2376
Capitalization Rate
4.97
Operating Expenses Actual
17500
Gross Income Actual
46095
Gross Rent Multiplier
12.47
Net Income Actual
28572
Occupancy Types
Leased
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Open
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
963
Unit Type One Sq Ft
595
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
981
Unit Type Two Sq Ft
595
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1000
Unit Type Three Sq Ft
595
Unit Type Three Units Total
3
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1000
Unit Type Four Sq Ft
595
Unit Type Four Units Total
4

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 RE/MAX Equity Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.