• DESCRIPTION

    This 3 unit oversized property is an investor or owner occupied dream. Located blocks away from Mississippi avenue with easy access to I-5, the Max, and PCC this 2009 duplex has 3 beds, 2.5 bath, a garage and 1,300 sq ft, and the house next door hosts 3 beds, 2 baths, an office, and 2400 sq ft. With a cap rate of 5% and potential at 8% with current market rental rates, this low maintenance rental property is a perfect investment.

    KEY DETAILS
    • Price:
    • $1,000,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 5,600
    • Acreage:
    • n/a
    • Year Built:
    • 1899
    • MLS #:
    • 22504375
    • Street Address:
    • 1045 N Church St
    • City:
    • Portland
    • State:
    • OR
    • Postal Code:
    • 97217
    • County:
    • Multnomah
    • Area:
    • 141 - Portland North
    • Subdivision:
    • Humboldt
    • Listing Status:
    • For Sale - Active

    Building

    • Basement Description:
    • Unfinished
    • Building Condition:
    • Existing
    • Number Of Units:
    • 3
    • Rent Includes:
    • Maintenance Grounds, Trash Collection
    • Stories:
    • 3
    • Total Building Square Footage:
    • 5600
    • Type Of Roof:
    • Composition
    • Year Built:
    • 1899

    Business

    • Gross Income:
    • 70000
    • Net Operating Income:
    • 55000
    • Operating Expense:
    • 15000

    Land

    • Approximate Total Acres:
    • 3, 000 To 4, 999 Sqft
    • Conforms To Zoning:
    • Rm2
    • Lot Features:
    • Level
    • Road Type:
    • Paved

    Listing

    • Days On Market:
    • 43
    • On Market Date:
    • 2022-08-16
    • Originating Mls:
    • Regional Multiple Listing Service, Inc.
    • Previous Listing Price:
    • 1100000
    • Property Disclosures:
    • Disclosure
    • Terms:
    • Cash, Conventional, Fha, Valoan

    Money

    • Property Taxes:
    • $12,525
    • Tax Year:
    • 2021

    Structures

    • Parking Description:
    • Garage, Open

    Systems

    • Existing Water:
    • Public Water
    • Sewage Type:
    • Public Sewer

    Source

    • Listing Provided By Keller Williams Realty Portland Premiere

      All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 9/28/2022 4:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


      ORRMLS
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    BEACH
    Elementary School
    Public

    n/a

    OCKLEY GREEN
    Junior High School
    Public

    n/a

    JEFFERSON
    High School
    Public

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT
    By clicking 'Request Info' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from findportlandhomes.com at the number you provided above. This consent is not required to purchase any good or service. More details in privacy policy and terms of use.

    SCORECARD

    0
    PROS
    0
    CONS
    Condition
    Location
    Nearby
    Schools
    Taxes
  • Add Note
  • Add to Notebook
  • Share