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4848 NE 99th Ave
Portland, OR 97220
Multifamily Property For Sale
·
4 Units
Executive Summary
*** 10% DOWN INVESTOR LOAN *** 9.74% CAP RATE *** A CAP Rate higher than the loan interest rate is a no brainer! CLAIM THIS POSITIVE CASH FLOW NOW!!! Very convenient location for easy commute. This property has 2 duplex buildings on one tax lot. There are two 2 bed 1 bath units and two 1 bed 1 bath units plus a laundry room. This property provides a great opportunity for an owner occupant - loans available with as little as zero down for veterans or 3.5% and 5% down options for most other owner occupants and possible help for the 5%. Investor loan available with as little as 10% down. This is the deal you've been looking for!
Property Facts
| Price Per Unit | $191,461 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 9.74% | Building Size | 1,863 SF |
| Gross Rent Multiplier | 8.77 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1933 |
| Property Subtype | Apartment | ||
| Zoning | CM2 | ||
| Price Per Unit | $191,461 CAD |
| Sale Type | Investment |
| Cap Rate | 9.74% |
| Gross Rent Multiplier | 8.77 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,863 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1933 |
| Zoning | CM2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,812 CAD | 317 - 332 |
| 2+1 | 2 | $1,966 CAD | 577 - 637 |
Property Taxes
| Parcel Number | R235741 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $135,197 CAD |
Property Taxes
Parcel Number
R235741
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$135,197 CAD
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