7569 N BERKELEY AVE, Portland, OR 97203

$2,319,000
List Price
$2,319,000
Price Change
▼ $30,000 1582946011
Days on Market
125
MLS#
19100999
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
Active

Property Description

Brand new top quality construction in prime rental location. 2.5 blocks to New Seasons/100 yards to new Starbucks location. 1/2 mile to University of Portland & St Johns. Built to condo standards w/ highest quality finishes & design by renown local designer Teal Design + Finish. These are not your typical apartments. European modern design & aesthetic. This building sells itself! Wired for surround sound & alarm system. 100% occupied.

Additional Information

Tax Amount
$2,550
Year Built
2019
High School
Roosevelt
Elementary School
Astor
Middle School
Astor
Stories
2
Subdivision
Portsmouth
Terms
Cash, Conventional
Cooling Description
Heat Pump
Fuel Description
Electricity
Heating Description
Heat Pump
Hot Water Description
Electricity
Exterior Description
Cedar, Other
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
5193
Capitalization Rate
4.62
Operating Expenses Actual
49758
Gross Income Actual
156883
Gross Rent Multiplier
14.78
Net Income Actual
108624
Occupancy Types
Leased
Covenants/Restrictions
Yes
Number Of Units Total
6
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1995
Unit Type One Sq Ft
865
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1799
Unit Type Two Sq Ft
829
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
2080
Unit Type Three Sq Ft
872
Unit Type Three Units Total
3
Unit Type Four Baths Total
2
Unit Type Four Beds Total
2
Unit Type Four Rent
2250
Unit Type Four Sq Ft
883
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Windermere Realty Trust.

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