6521 N ALBINA AVE, Portland, OR 97217

$1,875,000
List Price
$1,875,000
Days on Market
3
MLS#
21444091
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland North
Status
Active

Property Description

Wonderful opportunity to have pride of ownership - close-in North Portland 10 unit apartment complex. Great mix of LARGE one and two bedrooms units. All new windows, siding, entry doors and exterior railings. On-site laundry. Ten off-street parking spaces. Two garages and owner storage unit. Biker's Paradise - bike score of 100! Adjacent to Peninsula Park. Great access to I-5 and NE Rosa Parks Way.

Additional Information

Tax Amount
$12,628
Year Built
1972
High School
Jefferson
Elementary School
Woodlawn
Middle School
Ockley Green
Terms
Cash, Conventional, FHA, Contract
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Lap Siding, Aluminum, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
8308
Capitalization Rate
6.19
Operating Expenses Actual
28955
Gross Income Actual
145020
Gross Rent Multiplier
12.93
Net Income Actual
116065
Occupancy Types
Leased, Month To Month
Road Surface
Paved
Number Of Units Total
10
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
980
Unit Type One Sq Ft
532
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1095
Unit Type Two Sq Ft
532
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1570
Unit Type Three Sq Ft
950
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1290
Unit Type Four Sq Ft
950
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
2
Unit Type Five Rent
1380
Unit Type Five Sq Ft
872
Unit Type Five Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Change Realty, LLC.

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