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Gary D Horton PC
RE/MAX Equity Group
Portland, OR 97232

503-781-2476
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Listing 14 out of 1,707
$1,999,000 For Sale

4032 SE Holgate Blvd
Portland, OR 97202

10 units | Multi Family Home - MLS# 19213713
Property Photo
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Description

Stable turnkey asset in highly desirable Inner SE Portland location. Professionally managed with several updated units; including new flooring, countertops, cabinets, and more. All 2 bedroom units with mix of 1 & 1.5 baths. Strong occupancy with upside potential through nominal rent increases.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Multnomah County
  • Zip Code: 97202
  • Year Built: 1973
  • Elementary School: Grout
  • Middle School: Hosford
  • High School: Cleveland
  • Sq.Ft.: 8,070 sq ft
  • Stories: 2-Story
  • Units: 10 units
  • Lot Size: 7, 000 To 9, 999 Sqft
  • Zoning: R1
  • Area: Portland Southeast
  • Cap Rate: 5.38
  • Fuel: Electricity
  • Gross Income Actual: 153969
  • Gross Income Projected: 160752
  • Gross Rent Multiplier: 12.98
  • Heating: Baseboard
  • Limited Representation: Full Service
  • Net Income Projected: 113177
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: 46494
  • Operating Expenses Projected: 47575
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Tax Amount: 15033.68
  • Terms: Call Listing Agent
  • Unit Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 1 Sq Ft: 755
  • Unit Type 1 Units Total: 8
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 2 Sq Ft: 950
  • Unit Type 2 Units Total: 2
  • Utilities Included: Trash Collection, Sewer, Water
  • Water: Public
Courtesy of Joseph Bernard Llc
Gary D Horton PC & Scott D Brown
RE/MAX Equity Group

237 NE Broadway STE 100
Portland Oregon 97232
Phone: 503-781-2476
Fax:      503-495-5139
Email: garydhorton@hotmail.com
Website http://pdxgary.com

Testimonials

Gary has creative ideas for marketing your home. He is a positive, energetic, friendly and very knowledgable, professional person. He gets the job done! Seller Review
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