21
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Listed by SMI Commercial Real Estate LLC
$495,000
Est. payment /mo
Price Dropped by $10K
408 SE 99TH AVE Portland, OR 97216
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 295480407
Year Built 1941
Annual Tax Amount $4,783
Tax Year 2024
Property Description
***Ask About the 5.25% Assumable Rate***Freshly renovated triplex in a prime location with quick easy access to I-205. This versatile investment property offers a well-balanced unit mix: one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Unit A has been fully renovated, while Units B and C provide an excellent value-add opportunity. With one unit currently vacant, this is a perfect option for an owner-occupant looking to take advantage of a low down payment loan while generating rental income. Don't miss this opportunity to own a high-potential, well-located investment property!
Location
State OR
County Multnomah
Area _143
Zoning EG1
Interior
Heating Forced Air
Exterior
View Seasonal
Roof Type Composition
Garage No
Building
Lot Description Level, On Busline
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Cherry Park
Middle Schools Floyd Light
High Schools David Douglas
Others
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
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