18324 NE WASCO ST, Gresham, OR 97230

$514,900
List Price
$514,900
Price Change
▲ $15,000 1602211307
Days on Market
328
MLS#
19681082
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
Active

Property Description

Look at these great returns, based on current rents: GRM 11.2x, Cap rate 6.1%, Cash on Cash 7.9%. Seller is/has doing substantial repairs. Nice triplex with low maintenance grounds. Tenants pay all utilities. Rent includes water reimbursement from tenants. 3 bedroom apt. was just rented. Gresham, not Portland! Call George for Investors Package. Interior inspection only after accepted offer. Do NOT disturb tenants.

Additional Information

Tax Amount
$4,340
Year Built
1978
High School
Reynolds
Elementary School
Hartley
Middle School
Reynolds
Stories
1
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Brick, T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Trees/Woods
Sq Ft Approximate Building Total
2960
Capitalization Rate
2.34
Operating Expenses Actual
26179
Gross Income Actual
38220
Gross Rent Multiplier
13.47
Net Income Actual
12041
Occupancy Types
Month To Month
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1580
Unit Type One Sq Ft
1160
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1120
Unit Type Two Sq Ft
900
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1130
Unit Type Three Sq Ft
900
Unit Type Three Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MORE Realty.

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