3027 SE DIVISION ST, Portland, OR 97202

$4,999,950
List Price
$4,999,950
Days on Market
51
MLS#
21508453
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
Active

Property Description

Division St Commons consists of 7 luxury townhomes each featuring 2 large bedrooms, 2.5 bathrooms, white oak flooring, custom cabinetry, and designer finishes throughout. Commercial zoning makes these units an excellent option for a live/work tenant.

Additional Information

Tax Amount
$12,500
Year Built
2021
High School
Cleveland
Elementary School
Abernethy
Middle School
Hosford
Stories
3
Subdivision
Richmond
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Other, Man Made
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Sq Ft Approximate Building Total
10250
Capitalization Rate
4.18
Operating Expenses Actual
23220
Gross Income Actual
232200
Gross Rent Multiplier
21.53
Net Income Actual
208980
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
7
Unit Type One Baths Total
3
Unit Type One Beds Total
2
Unit Type One Rent
2850
Unit Type One Sq Ft
1581
Unit Type One Units Total
1
Unit Type Two Baths Total
3
Unit Type Two Beds Total
2
Unit Type Two Rent
2650
Unit Type Two Sq Ft
1392
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
2
Unit Type Three Rent
2650
Unit Type Three Sq Ft
1392
Unit Type Three Units Total
1
Unit Type Four Baths Total
3
Unit Type Four Beds Total
2
Unit Type Four Rent
2650
Unit Type Four Sq Ft
1392
Unit Type Four Units Total
1
Unit Type Five Baths Total
3
Unit Type Five Beds Total
2
Unit Type Five Rent
2850
Unit Type Five Sq Ft
1581
Unit Type Five 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 John L. Scott NE Portland.

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