7877 SE STEPHANIE CT, Milwaukie, OR 97222

$759,000
List Price
$759,000
Price Change
▼ $11,000 1556845750
Days on Market
165
MLS#
19130517
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Status
Active

Property Description

Well maintained 4-plex. No skimming on care! New roof in 2017 with multiple updates throughout, 1 unit renovated. 2 one-story units & 2 two-story units. All work, expenses, & rental log accounted for. Room to increase rents & still keep long term tenants. Rents include W/S/G- low cost. No deferred maintenance. Subject to 1031 exchange at no cost to buyer. LOW GRM. Please do not disturb tenants. Bring all offers! Seller is motivated!!

Additional Information

Tax Amount
$6,201
Year Built
1977
High School
Milwaukie
Elementary School
Linwood
Middle School
Rowe
Garage Spaces
8
Stories
2
Terms
Cash, Conventional, FHA, VA Loan
Basement Foundation
Crawl Space
Cooling Description
None
Fuel Description
Electricity
Heating Description
Wall Furnace
Hot Water Description
Electricity, Tank
Exterior Description
Board & Batten Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
4120
Capitalization Rate
6.17
Operating Expenses Actual
13871
Gross Income Actual
60720
Gross Rent Multiplier
12.50
Net Income Actual
46849
Occupancy Types
Month to Month
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Carport
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1300
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Rent
1500
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
3
Unit Type Three Rent
1300
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
960
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Home Buyers Marketing II Inc.

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