Somewhat Walkable

2316 NE 122ND AVE

Portland, OR 97230


$650,000

Open House Dates

MULTIFAMILY
2,400 sqft
MLS
17180058
This property features 3 single family homes on one tax lot, fully occupied with long term tenants whom wish to stay. Two units have been completely renovated with newer roofs on all units in the past 6 years. Strong cash flow with upside potential. Tenants pay for all utilities. Gross rent multiplier is 13! Bring your investors, don't let this one pass you by!
Hasson Company Realtors

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Property Details
Price
$650,000
Square Feet
2,400
Levels
1
Year Built
1950
Garage Spaces
6
No. Units
3
Location
County:
Multnomah
Status:
Active
Estimated Taxes:
$3,701
Listing Office:
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Listing Last Updated:
August 1, 2017 7:24 PM
Schools
Elementary
Sacramento
High
Parkrose

 Interior
Interior
Heating
Wall
Fuel
Electricity
Hot Water
Electricity
Basement
No Basement

 Exterior
Exterior
Basement
No Basement
Roof Type
Shingle
Description
Panel

 Lot & Land
Lot & Land
Zoning
R5
Sewer
Public
Water
Public
View
Trees
lot description
On Busline
Level
Private


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Russell



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: August 1, 2017 7:24 PM

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