2326 NE LOMBARD ST, Portland, OR 97211

$695,000
Sold Price
$695,000
List Price
$699,900
Closing Date
Jun 13, 2018
Days on Market
61
MLS#
18252462
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
Sold

Property Description

Large Concordia Town-Home Style 4-Plex perfect for seasoned investor or owner-occupied. Units are LARGE 1,120sf 2 Bed, 1.5 Bath w/in-unit laundry & plenty parking. Updates include newer vinyl windows, extra insulation, newer interior paint & flooring. These units easily rents for $1,375/ea and has low vacancy. Large 10K Lot zoned for additional unit. Buyer to verify w/City. **Ask your Realtor for current financials**

Additional Information

Tax Amount
$6,042
Year Built
1969
High School
Jefferson
Elementary School
Faubion
Garage Spaces
5
Terms
Cash, Conventional
Basement Foundation
Crawl Space
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Aluminum
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
261
Sq Ft Approximate Building Total
4479
Capitalization Rate
6.74
Operating Expenses Actual
12312
Gross Income Actual
60600
Gross Rent Multiplier
11.55
Net Income Actual
48900
Occupancy Types
Leased, Month to Month
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Assigned, Paved
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1375
Unit Type One Sq Ft
1120
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1375
Unit Type Two Sq Ft
1120
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1200
Unit Type Three Sq Ft
1120
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
2
Unit Type Four Rent
1100
Unit Type Four Sq Ft
1120
Unit Type Four 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-PDX Central. Selling Office: Oregon Realty Co..

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