903 SE FRANKLIN ST, Portland, OR 97202

$399,900
List Price
$399,900
Days on Market
2
MLS#
19299515
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
Pending

Property Description

Picture #1 is 915, #2 and 3# are 903. Two distressed houses on one lot.Fixers, not financeable.Cash offer only.Tenant occupied.Do not disturb tenants. Offer subject to interior inspection or through listing agent. Both houses have finished spaces in the attic not listed in the county records and most likely non-conforming. 903 has a basement, 915 is on a crawl space.Low rents. Corner lot, R2.5 zoning. Lot s of possible configurations.

Additional Information

Tax Amount
$4,837
Year Built
1900
High School
Cleveland
Elementary School
Grout
Middle School
Hosford
Stories
3
Subdivision
Brooklyn
Terms
Cash
Basement Foundation
Crawl Space, Partial Basement
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
2
Sq Ft Approximate Building Total
2397
Capitalization Rate
2.39
Operating Expenses Actual
4838
Gross Income Actual
14400
Gross Rent Multiplier
27.77
Net Income Actual
9563
Occupancy Types
Month to Month
Utilities Included
None
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Sq Ft
1634
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
900
Unit Type Two Sq Ft
763
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Equity Group.

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