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Listing Provided By More Realty
$1,220,000
6409 Ne Going St, Portland, OR 97218
10 Beds
4 Baths
6,603 sqft

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Listing Provided By More Realty
2020 rents low due to remodeling. Outstanding rents. All five remodeled rental units. A top notch rehab last year. Look at the pictures. This is NOT an inexpensive rehab. If you invest in this property, be assured you will be buying a quality property. Priced below comps. Please do not talk to or disturb the tenants. Interior inspection shown only after acceptance of an offer. Excellent cash flow and ROI. 12.4 GRM. 5.3% Cap Rate, based on current rents.
  • Price:
  • $1,220,000
  • Bedrooms:
  • 10
  • Square Footage:
  • 6,603
  • Year Built:
  • 1926
  • Listing ID #:
  • 21191514
  • Street Address:
  • 6409 Ne Going St
  • City:
  • Portland
  • State:
  • Oregon
  • Postal Code:
  • 97218
  • County:
  • Multnomah
  • Community:
  • Portland Northeast
  • Subdivision:
  • Cully
  • Listing Status:
  • Active
  • Listing Type:
  • ResidentialMultiFamily
  • Basement Description:
  • Crawl Space
  • Building Condition:
  • Updated/Remodeled
  • Foundation:
  • Concrete Perimeter
  • Rent Includes:
  • Sewer, Water
  • Stories:
  • 2
  • Total Building Square Footage:
  • 6603
  • Type Of Roof:
  • Composition
  • Unit 1 - Square Footage Available:
  • 1811
  • Unit 1 - Square Footage Available:
  • 1022
  • Unit 1 Monthly Rent:
  • 2015
  • Unit 2 - Square Footage Available:
  • 1022
  • Unit 2 Monthly Rent:
  • 1495
  • Unit 3 Monthly Rent:
  • 1595
  • Unit 4 - Square Footage Available:
  • 1022
  • Unit 4 Monthly Rent:
  • 2060
  • Unit Features:
  • Dishwasher, Microwave, Range, Refrigerator
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 3
  • Unit1 Features:
  • Dishwasher, Microwave, Range, Refrigerator
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 2
  • Unit2 Features:
  • Dishwasher, Microwave, Range, Refrigerator
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 2
  • Unit3 Features:
  • Dishwasher, Microwave, Range, Refrigerator
  • Unit4 Bathrooms:
  • 1
  • Unit4 Bedrooms:
  • 3
  • Unit4 Features:
  • Dishwasher, Microwave, Range, Refrigerator
  • Year Built:
  • 1926
  • Adjusted Gross Income:
  • 36758
  • Net Operating Income:
  • 2475
  • Conforms To Zoning:
  • R7
  • Lot Description:
  • Level
  • Lot Size:
  • 15, 000 To 19, 999 Sqft
  • Road Surface:
  • Paved
  • Legal Description:
  • Paddock Ac, Block 9, Lot 11
  • List Date:
  • 2021-04-05
  • Originating Mls:
  • Regional Multiple Listing Service, Inc.
  • Previous Listing Price:
  • 1329000
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $3,421
  • Tax Year:
  • 2020
  • Parking Description:
  • Open
  • Heating Description:
  • Wall Furnace
  • Heating Fuel:
  • Electricity
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electricity
  • Water Amenities:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By More Realty
  • All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 10/25/2021 12:33 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. ORREG

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