• Asking Price $1,995,000

  • 5550 SW BEAVERTON HILLSDALE HWY Portland, OR 97221

  • 8,616 SqFt
  • Other / Resale (MLS)
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Property Details for 5550 SW BEAVERTON HILLSDALE HWY, Portland, OR 97221

Features

  • Price/sqft: $231
  • Total Rooms: 1
  • Room List: Basement
  • Heating: Forced Air,Zoned

Facts

  • Year Built: 01/01/1950
  • Property ID: 892017902
  • MLS Number: 24467007
  • Property Type: Other
  • County: MULTNOMAH
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This updated 100% occupied 8 plex (built in 1986-87) comes with a 1800sf, 3-bedroom, 2-bath ranch house on a .45-acre lot. Grocery shopping and restaurants are just across the street & it's right next to easy bus transportation. There is so much opportunity for increased rental income: a family member occupies the house so currently no rent has been collected there but could easily rent for $3,300 a month which would increase the Cap rate to over 6%. It features a full unfinished basement with full bath or another multi-plex could be built in place of the ranch house giving you many more units and income.

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Property Brokerage: John L. Scott Lake Oswego 175 Evergreen Rd Lake Oswego OR 97034
Copyright © 2024 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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