Bought with KJK Properties PC
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1104 SW GAINES ST Portland, OR 97239
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Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,196 sqft
Price per Sqft $190
Subdivision Ohsu / Homestead
MLS Listing ID 22474692
Year Built 1937
Annual Tax Amount $8,347
Tax Year 2021
Property Description
LOCATION, LOCATION, LOCATION! Next to OHSU on a quiet, dead end street with private parking. This is the perfect investment property with a projected cap rate of 6.2! Two buildings on one tax lot with 5 rentable apartments, all currently vacant so you can select your tenants and set rents at market prices. Charming main house can be converted to single-family, if so desired. Zoned RM2.
Location
State OR
County Multnomah
Community Laundry
Area _148
Zoning RM2
Interior
Heating Forced Air
Exterior
Garage Spaces 3.0
Community Features Laundry
View Y/N false
Roof Type Composition
Building
Lot Description Secluded
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Ainsworth
Middle Schools West Sylvan
High Schools Lincoln
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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