8128 NE Beech St, Portland, OR
Multi-family for Sale - $599,000 - 3,984 Sq. Ft.
Property Info
CIMLS# | 910970 |
Location 8128 NE Beech St Portland OR 97213 | |
Updated | November 6th, 2017 |
Type | Multi-family |
Price | $599,000 |
Building | 3,984 Sq. Ft. |
Property Description
This is a solid, brick 4-plex in NE Portland.
Seller wants it sold. 4-plex $599,000.
8128 NE Beech St, Portland
Rents have been increased by 6.3% total. Still 20% below market rents. Great opportunity to build equity in just 2 to 3 years.
New roof and gutters, new vinyl windows and new outside paint.
It consists of one and two bedroom apartments. The garage rents out separately.
This 4-plex is clean, well maintained and everything works. One unit has been remodeled. Others can be remodeled when a tenants vacate and raise the rents.
In 11 years, it has never been a problem renting them. The North-South bus on 82nd stops right there! Or, walk one block to catch the west bus on Fremont.
The seller will entertain all reasonable offers. They want it sold.
Call George with any questions. (503) 317-0180
Feel free to drive by. Please do not talk to or disturb the tenants. Interior inspection shown after acceptance of an offer.
George Thompson
Real Estate Investment Broker
(503) 317-0180
MORE Realty, Inc
14945 SW Sequoia Pkwy, Suite 150
Portland OR 97224