Portland, OR 97230,167 NE 162ND AVE
Portland, OR 97230,167 NE 162ND AVE
Portland, OR 97230,167 NE 162ND AVE
Portland, OR 97230,167 NE 162ND AVE
Portland, OR 97230,167 NE 162ND AVE
Portland, OR 97230,167 NE 162ND AVE
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Listed by Georgetown Realty Inc. • accounting@gtrealty.com
Bought with MORE Realty

$1,095,000

$1,250,000

12.4%
Est.Price: ?

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Est. payment /mo

6,969 Sqft Lot


SOLD DATE : 08/30/2024

Key Details

Sold Price $1,095,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24266907

Sold Date 08/30/24

Year Built 2022

Annual Tax Amount $974

Tax Year 2023

Lot Size 6,969 Sqft

Property Description

Immerse yourself in the timeless elegance of this meticulously designed 2-year-old 4-plex. Each unit is a testament to fine craftsmanship and thoughtful architecture, ensuring both aesthetic appeal and lasting quality. With a solid 6.3% cap rate, this property promises not only a beautiful living space but also a lucrative investment opportunity. Watch your investment grow with every passing year. Conveniently located just 2 blocks from the light rail station and a mere 3 blocks from Trimet, commuting has never been easier. Enjoy the benefits of urban living while relishing the tranquility of a residential neighborhood. Every unit comes with its own garage, providing added convenience and security for tenants while enhancing the property's value. Take advantage of the 30-year fixed-rate loan at an attractive rate of 6 7/8%. Secure your investment with peace of mind and financial stability.

Location

State OR

County Multnomah

Community Alllandscaping

Area _142

Zoning SC

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Heat Pump

Exterior

Garage Spaces 4.0

Community Features AllLandscaping

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Wilkes

Middle Schools H.B. Lee

High Schools Reynolds

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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