7206 N SAINT LOUIS AVE, Portland, OR 97203

$1,999,000
List Price
$1,999,000
Days on Market
78
MLS#
22390670
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
Active

Property Description

Diversify your investment portfolio in one pkg w/this rare opportunity to own 7 units with; 6 new construction condos + a detached house!New construction units feat high-end quality finishes throughout the light&bright open concept flrpln from the beautiful kitch w/custom cabs,slab counters,SS apps to the neutral tones, tasteful tile &great variety of well performing 0-3 bed units!Detached 2bed home w/basement provides tons of storage&comfortable living! 94 BikeScore/91 WalkScore in hot N PDX!

Additional Information

Year Built
2022
High School
Roosevelt
Elementary School
James John
Middle School
George
Stories
3
Subdivision
Cathedral Park
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
4416
Capitalization Rate
5
Operating Expenses Actual
29228
Gross Income Actual
129262
Gross Rent Multiplier
15.46
Net Income Actual
100034
Number Of Units Total
7
Unit Type One Baths Total
1
Unit Type One Rent
1145
Unit Type One Sq Ft
418
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Rent
1795
Unit Type Two Sq Ft
794
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1425
Unit Type Three Sq Ft
635
Unit Type Three Units Total
2
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1425
Unit Type Four Sq Ft
533
Unit Type Four Units Total
2
Unit Type Five Baths Total
1
Unit Type Five Beds Total
2
Unit Type Five Rent
2450
Unit Type Five Sq Ft
868
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
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.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2022 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.