For Sale: 5 Units Close-In Portland, $1,100,000

NEW LISTING: Five units located close-in at 519 SE 20th Avenue, Portland, Oregon for $1,100,000.

The property was purchased in 2017, then renovated with a new tenant base in 2018 and includes off-street parking.

LISTING SUMMARY:

Price:  $1,100,000

Estimated Cap Rate: 5.78%*

Price Per Square Foot: $282

Situated in the Buckman neighborhood, the property is minutes away from downtown, freeways, shopping, and numerous amenities for tenants.

PROPERTY FEATURES:

Renovated in 2018

Off-street parking

Fantastic, close-in location

Rents already at market, no need for relocation fees

Washer and dryer hookups in each unit

All units have washer and dryer hookups.

Here is the video of the offering:

 

The units have exterior private spaces and/or decks.

For more information, call listing broker Bernard Gehret at Joseph Bernard Investment Real Estate: 503.546.9390.