7156 N GREENWICH AVE, Portland, OR 97217

$4,699,900
List Price
$4,699,900
Days on Market
64
MLS#
22231718
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
Pending

Property Description

This close-in, hot Arbor Lodge location features a unique opportunity to invest in 18 new construction units, consisting of 17 - 1bed/1 bath units and one studio apartment of superior quality construction&finishes.Trendy, open concept flrplan showcases hard surface flring,modern kitchen w/slab cntrs,SS apps,&designer tones.Thoughtfully designed both inside&out!99BS&87WS,this Bikers Paradise location puts you in perfect proximity to great parks,shops&transit!

Additional Information

Year Built
2022
High School
Jefferson
Elementary School
Chief Joseph
Middle School
Ockley Green
Stories
3
Subdivision
Arbor Lodge
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Sewer Description
Public Sewer
Water Description
Public Water
Cumulative Days On Market
64
Sq Ft Approximate Building Total
10905
Capitalization Rate
5.3
Operating Expenses Actual
51976
Gross Income Actual
301044
Gross Rent Multiplier
15.61
Net Income Actual
249068
Number Of Units Total
18
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1462
Unit Type One Sq Ft
624
Unit Type One Units Total
17
Unit Type Two Baths Total
1
Unit Type Two Rent
1195
Unit Type Two Sq Ft
396
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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