Property Listing No Longer Available for Sale

6867 N Fessenden, Portland, OR

Multi-family for Sale - $675,000 - 5,000 Sq. Ft. on 0.17 acres


Property Info

CIMLS#914156
Location
  6867 N Fessenden
  Portland OR 97203
UpdatedSeptember 7th, 2016
TypeMulti-family
Price$675,000
Building5,000 Sq. Ft.
Land0.17 acres

Property Description

This 4 plex is rare in that it is ideal for roommate situations and recessions. With 4 units sharing 5,000 sf, the property offers (3) three bedroom, three bathroom units & (1) two bedroom, one and one-half bathroom unit. Built as a wood frame building in 1997, it offers a pitched comp roof with vinyl windows and siding, with 6 off street parking spaces. Continue to rent as is, bringing the rents up to market, or provide updates to increase the rents even further!

Location Description:

Located in the upcoming St Johns neighborhood, this provides great access to north Portland, the great retail, grocery, and restaurants, cafes, and pubs in the heart of St Johns, is only minutes to downtown Portland and only 2 miles to the University of Portland.

Highlights:

>> Large units with separate baths for each bedroom!

>> Off street parking

>> Well maintained

>> Rent upside

>> Only 2 miles to University of Portland

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Financials

Sales Info:

>> Commision split: 3.0%