302 N BRIDGETON RD, Portland, OR 97217
- $3,000,000
- List Price
- $3,000,000
- Days on Market
- 54
- MLS#
- 22244199
- Property Type
- Multifamily
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland Northeast
- Status
- Active
Property Description
Cash-flowing investment property in amazing central location. Close to PDX, Vancouver, Airport and Columbia River. Great opportunity to add 6 doors to your portfolio. This is a low maintenance, new building with all units EPS Certified. The property has been developed with individual fee simple parcels for each townhome/ADU unit combination. ADU's are legalized for short term rentals. It could be operated as apartment units or sold individually. Not subject to OR rent control laws.
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Additional Information
- Tax Amount
- $3,051
- Year Built
- 2022
- High School
- Jefferson
- Elementary School
- Faubion
- Middle School
- Ockley Green
- Terms
- Cash, Conventional
- Fuel Description
- Gas
- Heating Description
- Heat Pump
- Hot Water Description
- Gas
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Water Description
- Public Water
- Waterfront Description
- River Front
- View
- River, Seasonal
- Waterfront
- Yes
- Water Name
- Columbia River
- Capitalization Rate
- 4.29
- Operating Expenses Actual
- 46449
- Gross Income Actual
- 175200
- Gross Rent Multiplier
- 17.12
- Net Income Actual
- 128751
- Occupancy Types
- Leased
- Road Surface
- Paved
- Number Of Units Total
- 6
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2850
- Unit Type One Sq Ft
- 2836
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Rent
- 1950
- Unit Type Two Sq Ft
- 751
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 3
- Unit Type Three Beds Total
- 3
- Unit Type Three Rent
- 3000
- Unit Type Three Sq Ft
- 3352
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Rent
- 1950
- Unit Type Four Sq Ft
- 799
- Unit Type Four Units Total
- 1
- Unit Type Five Baths Total
- 3
- Unit Type Five Beds Total
- 3
- Unit Type Five Rent
- 3000
- Unit Type Five Sq Ft
- 2900
- Unit Type Five Units Total
- 1
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Listing courtesy of Keller Williams PDX Central.
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