6400 N Montana AVE

Portland, OR 97217

List Price

$1,999,999

Price Change

▼ $100,001 1503021220

Days on Market

223

MLS#

17021763

Property Type

Multifamily

Lot Size

5, 000 to 6, 999 SqFt

Region

Portland North

Status

Active

Property Description

Beautiful new construction of 6 unit apartment building in the heart of the popular Arbor lodge. All units are 2 bedroom and 2 baths with front and rear balconies. Tenants will enjoy spacious and luxurious living in these modern units with stunning views from the top floors. Hardwood flooring, custom cabinets, Quartz counter tops, SS Appliances, MINI split, Tankless H2O etc. Investors will enjoy a stable cash producing asset.

Additional Information

Tax Amount

$2,359

Year Built

2017

High School

Roosevelt

Elementary School

Ockley Green

Middle School

Ockley Green

Stories

3

Subdivision

Arbor Lodge

Terms

Cash, Conventional

Cooling Description

Central Air Conditioning

Fuel Description

Gas

Heating Description

Forced Air

Hot Water Description

Gas

Exterior Description

Fiber Cement

Roof Type

Composition

Sewer Description

Public

Water Description

Public

Gross Income Actual

144000

Gross Rent Multiplier

13.89

Occupancy Types

Vacant

Security Or Entry

Entry, Security System

Utilities Included

None

Number Of Units Total

6

Unit Type One Baths Total

2

Unit Type One Beds Total

2

Unit Type One Rent

2000

Unit Type One Sq Ft

988

Unit Type One Units Total

1

Unit Type Two Baths Total

2

Unit Type Two Beds Total

2

Unit Type Two Rent

2000

Unit Type Two Sq Ft

988

Unit Type Two Units Total

1

Unit Type Three Baths Total

2

Unit Type Three Beds Total

2

Unit Type Three Rent

2000

Unit Type Three Sq Ft

988

Unit Type Three Units Total

1

Unit Type Four Baths Total

2

Unit Type Four Beds Total

2

Unit Type Four Rent

2000

Unit Type Four Sq Ft

988

Unit Type Four Units Total

1

Unit Type Five Baths Total

2

Unit Type Five Beds Total

2

Unit Type Five Rent

2000

Unit Type Five Sq Ft

988

Unit Type Five Units Total

1

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(503) 536-6467

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Listing courtesy of Taylor Group Realty.

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