646 SE 60th Ave Portland, OR 97215
Listing Courtesy of: RMLS / Nexthome Realty Connection

  646 SE 60th Ave Portland, OR 97215

Active (10 Days)
$1,050,000
5,474
SQFT
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Description

This fully-occupied triplex in the desirable Mount Tabor neighborhood offers a unique income opportunity. In addition to three spacious residential units, the property includes 8 Single Room Occupancy (SRO) units, all 100% occupied, generating stable rental income. Located near scenic Mount Tabor Park, the property provides a perfect blend of natural beauty and urban convenience, just minutes from downtown Portland. The property qualifies for conventional financing, yet its income level is comparable to an 11 unit commercial investment, making it a versatile asset. With steady cash flow and an attractive location in one of Portland’s most sought-after areas, this is an excellent opportunity for savvy investors looking to expand their portfolio. Seller is a licensed broker in Oregon. Do not disturb tenants. Call for financials

MLS #:
24253308
Taxes
$12,514(2023)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1926
County
Multnomah County
Community
Mt Tabor

Listed By

Steve Roesch, Nexthome Realty Connection
Source
RMLS
Last checked Oct 18 2024 at 5:11 AM GMT-0800
Bathroom Details
Subdivision
  • Mt Tabor
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Baseboard
  • Forced Air
Basement Information
  • Full Basement
Exterior Features
  • Wood Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas, Electricity
School Information
  • Elementary School: Glencoe
  • Middle School: Mt Tabor
  • High School: Franklin
Parking
  • On Street
Stories
  • 2
Location
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Estimated Monthly Mortgage Payment

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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 10/10/24 11:51
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