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. Real estate listings held by brokerage firms other than Performance Properties, Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated: Saturday, November 30th, 2019 at 05:46:01 AM.
1424 SW MONTGOMERY ST
Portland, OR 97201
$2,590,000
PRICE
19472770
LISTING ID
| Status | Pending |
| County | Multnomah |
| Year Built | 1926 |
| Property Type | MultiFamily |
All Offers Presented To Seller 10/22. Westover Apartments, located on Montgomery St the Heart of SW Portland. Close proximity to PSU. Well loved, maintained & pampered. Amenities true-to-era, hardwood floors, custom built-ins, period lighting, coin-op laundry, bike storage, storage, newer roof, vinyl double-pane windows, updated electrical. Great Cap Rate! 9 studios, 6 one bedrooms, total of 8,280 sq ft of living space. Performs Well.
Area:
Portland West, Raleigh Hills
Bank Owned:
no
County:
Multnomah
Elementary School:
Ainsworth
High School:
Lincoln
Middle School:
West Sylvan
Number Of Units Total:
15
Parking Description:
None
Short Sale:
no
Stories:
3
Subdivision:
GOOSE HOLLOW FOOTHILLS
Year Built:
1926
Zoning:
R1
CCRs:
no
Common Amenities:
Commons, Laundry
Cooling Description:
None
Fuel Description:
Electricity
Hot Water Description:
Gas
Legal Description:
PORTLAND, BLOCK 1, SUB OF E 1/2 Z LOT 6
Limited Representation:
Full Service
Occupancy Types:
Leased, Month to Month
Security Or Entry:
Entry, Sidewalk
SqFt Approximate Building Total:
8280
Storage:
Attached, Individual Storage Units
Unit Features:
Hardwood Floors, Range, Refrigerator, Window Coverings
Year Built Description:
Approximately
Basement Foundation:
Slab
Exterior Description:
Brick
Lot Description:
Level
Lot Size:
5,000 to 6,999 SqFt
Roofing Type:
Other
Sewer Description:
Public Sewer
View:
City, Territorial
View:
yes
Water Description:
Public
Capitalization Rate:
4.21
Cumulative Days On Market:
7
Days On Market:
7
Gross Income Actual:
166538
Gross Rent Multiplier:
15.55
Investor Information:
Annual Property Operation Data
Net Income Actual:
109057
Operating Expenses Actual:
57480
Price Type:
List Price
Seller Disclosure:
Exempt
Tax Amount:
20491.06
Tax ID:
R246948
Terms:
Cash, Conventional
Third Party Approval:
no
Utilities Included:
None
Heating Description:
Wall Furnace
Contact - Listing ID 19472770
Contact Us
1584 Holly St
West Linn, OR 97068
Phone: 503-635-0099
Phone Alt: 503-841-3244
Data services provided by IDX Broker
