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Premier 4-Plex in Washington Park

Location/Directions:
SW Park to SW Green & left on SW Cedar above the ENVOY

Description:
Premier PDX Location, just steps to Washington Park. Mid-century clean-lined Architecture graces solid 4 Plex on city view lot. Spacious 2BD flats w/view decks, 6 total wood fireplcs! hardwood flrs, charming large knotty pine kitchens w/eating areas, XTRA LARGE storage units not included in square footage, 3 covered private parking spaces. BEST loc. in town, Great investment!!

Listing: Multifamily
Status: ACT
ML# 9080468
List Price: $825,000
Address: 2379 SW Cedar St. Portland, OR 97205
Zoning: R1
County: Multnomah
Elementary School: Ainsworth
Middle School: W. Sylvan
High School: Lincoln
Neighborhood: Washington Park
Legal: Cedar Hill, Lot 64, 65 TL 1900
Property Tax per year: 10,032.54

GENERAL AND BUILDING INFORMATION:
Lot Size: 5k-6,999 sf
Lot Desc: Cul de sac, trees
View: City, mountain
Year Built: approx 1950
Number of Stories: 3
Units: 4
Parking: 3/carport, detached
Roof: builtup
Building. Sq. Ft. 6117
Basement: Full, Storage
Exterior: Block
Security/Entry: Entry, Fire Escape
Amenities: Laundry
Storage: Individual, basement

Individual Unit Descriptions:
1: 2 bed, 1 bath - Monthly: $1050 - SF 850
Deck, Diswasher, Fireplace, Hardwood
2: 2 bed, 1 bath - Monthly: $1080 - SF 850
Deck, Diswasher, Fireplace, Hardwood
3: 2 bed, 1 bath - Monthly: $1195 - SF 850
Deck, Diswasher, Fireplace, Hardwood
4: 2 bed, 1 bath - Monthly: $1295 - SF1050
Deck, Diswasher, Fireplace, Hardwood

Utilities:
Heat: Baseboard
Water: Public
Cool:  
Fuel: Electric
Sewer: Public
Hot Water: Electric

INCOME / EXPENSES & FINANCIAL INFORMATION
Actual Gross Income: $56,340
Actual Net Income: $41,258
Actual Operating Expenses: $15,082
Short Sale: N
Bank Owned: N