3320 SW 1st AVE, Portland, OR 97239

$2,900,000
List Price
$2,900,000
Days on Market
10
MLS#
19560334
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland West, Raleigh Hills
Status
Active

Property Description

The Cable Car Lofts are a portfolio of 5 Townhomes, fee simple, each on separate tax lots. Located minutes from the Southwest Waterfront of Portland. Each unit is approx. 1,800 SF, 3 bedroom, 2 1/2 bath. High quality new construction with nice finishes. Built in 2015.

Additional Information

Tax Amount
$6,177
Year Built
2015
High School
Wilson
Elementary School
Capitol Hill
Middle School
Jackson
Garage Spaces
5
Stories
2
Subdivision
South Portland
Terms
Cash, Conventional
Cooling Description
Central Air
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Tank
Roof Type
Shingle
Sewer Description
Public Sewer
Water Description
Public
View
City
Sq Ft Approximate Building Total
1800
Capitalization Rate
3.64
Operating Expenses Actual
38520
Gross Income Actual
125787
Gross Rent Multiplier
23.05
Net Income Actual
105648
Utilities Included
None
Parking Description
Attached, Garage
Number Of Units Total
5
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2500
Unit Type One Sq Ft
1774
Unit Type One Units Total
2
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Sq Ft
1789
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
2
Unit Type Three Rent
2400
Unit Type Three Sq Ft
1762
Unit Type Three Units Total
1
Unit Type Four Baths Total
3
Unit Type Four Beds Total
3
Unit Type Four Rent
2400
Unit Type Four Sq Ft
1774
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams-PDX Central.

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