7025 N MOHAWK AVE, Portland, OR 97203

$3,700,000
List Price
$3,700,000
Days on Market
68
MLS#
19138519
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland North
Status
Active

Property Description

Condo-quality turn-key asset in the heart of Portland's changing St. Johns district. 2-lot,10,316 SF development features 1, 2 & 3-bed townhomes. Stainless steel appliances,natural gas ranges,quartz countertops, cadet heaters & AC ports. 100% leased with no concessions. 92 BikeScore /88 WalkScore. Gas & water lines setup to add community fire pit area and/or dog wash.

Additional Information

Tax Amount
$4,915
Year Built
2019
High School
Roosevelt
Elementary School
James John
Middle School
George
Stories
2
Subdivision
St Johns / Cathedral Park
Terms
Cash, Conventional
Basement Foundation
Slab
Cooling Description
Other
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding, Cultured Stone
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
10316
Capitalization Rate
5.07
Operating Expenses Actual
69855
Gross Income Actual
257616
Gross Rent Multiplier
14.36
Net Income Actual
187761
Occupancy Types
Leased
Utilities Included
None
Parking Description
None
Number Of Units Total
14
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1950
Unit Type One Sq Ft
1018
Unit Type One Units Total
2
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1600
Unit Type Two Sq Ft
800
Unit Type Two Units Total
8
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1200
Unit Type Three Sq Ft
470
Unit Type Three Units Total
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Portland Home Realty Inc.

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