1536 SW MONTGOMERY ST

Portland, OR 97201

Sold Price

$1,350,000

List Price

$1,375,000

Closing Date

Apr 20, 2018

Days on Market

192

MLS#

17658111

Property Type

Multifamily

Lot Size

3, 000 to 4, 999 SqFt

Region

Portland West, Raleigh Hills

Status

Sold

Property Description

Beautifully restored building with updated systems, restored original details including woodwork, pocket doors, wood floors, updated modern kitchens. High ceilings in daylight basement - potential for finishing. Garage can be converted as well - zoned R1- buyer to confirm with City. Please do not disturb tenants!

Additional Information

Tax Amount

$9,187

Year Built

1908

High School

Lincoln

Elementary School

Ainsworth

Middle School

West Sylvan

Stories

4

Subdivision

Goose Hollow

Terms

Cash, Conventional

Basement Foundation

Daylight, Full Basement, Exterior Entry

Cooling Description

Central Air

Fuel Description

Gas

Heating Description

Forced Air 95+%

Hot Water Description

Electricity

Exterior Description

Wood Siding

Roof Type

Composition

Sewer Description

Public Sewer

Water Description

Public

View

City, Seasonal

Cumulative Days On Market

192

Capitalization Rate

4.49

Operating Expenses Actual

12000

Gross Income Actual

73800

Gross Rent Multiplier

18.63

Net Income Actual

61800

Occupancy Types

Leased

Utilities Included

Trash Collection

Number Of Units Total

3

Unit Type One Baths Total

2

Unit Type One Beds Total

2

Unit Type One Rent

2500

Unit Type One Sq Ft

1415

Unit Type One Units Total

1

Unit Type Two Baths Total

1

Unit Type Two Beds Total

2

Unit Type Two Rent

2350

Unit Type Two Sq Ft

1122

Unit Type Two Units Total

1

Unit Type Three Baths Total

1

Unit Type Three Beds Total

1

Unit Type Three Rent

1300

Unit Type Three Sq Ft

695

Unit Type Three Units Total

1

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(503) 536-6467

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Listing courtesy of Neighborhood Works. Selling Office: Neighborhood Works.

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