5920 NE EVERETT ST Portland, OR97213

$655,000
3 total units
6 total bedrooms
3 total bathrooms
$37,380 annual income
Capitilization Rate: 4.02
3160 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Glencoe
Middle School: Mt Tabor
High School: Franklin
Zoning: RM2
1082 days on market

VestorFilter™

Price per unit$218.3K/unit
Price per ft²$207.28/ft²
Recent price drop$30,000
Price per acre$9.29M/ac
Price per bedroom$109.2K/bed
Time on market1082 days

Property Description

Modern triplex in desirable location near Mt. Tabor Park, MAX, shopping, bike routes. Spacious & open w/ natural light. Huge bedrooms, updated bathrooms. Washer/dryer in each. Long term awesome tenants, 100% occupied, below market rents. 5.5 CAP & 14 GRM at projected rents of $1350. Backyard retreat feels like a park. Perennial garden in front. Gas furnaces in upper two units, electrical wall heat in lower. New roof May 2021. Off-street parking. Please don't walk on property w/out appointment.

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Financial Data

Date Sold2021-07-07
Sold Price$655,000
Price ChangeDropped $30,000 on 07/08/2021
Total $30,000 drop
Original Price$685,000
Current Price$655,000
Property Taxes$7,353

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Home Facts

StatusSold
Year Built1981
Stories3
Exterior Features
MLS ID21032478

Unit Details

Unit 1
Unit 2
Unit 3