Turn-key 8-Unit apartment with upside in the trendy Brooklyn Neighborhood of close-in SE Portland. Built in 1976, the unit mix is comprised of four 2-bed/1-bath units and four 1-bed/1-bath units with an average of 700 square feet. A majority of the units have been remodeled, with the most recent one achieving strong rents, providing a roadmap for future renovation and income growth on the remaining classic units. Additional upside can be achieve through putting all units on utility reimbursements as some do not currently pay RUBS. All units feature full kitchens and washer/ dryers, a rare amenity for apartments in this neighborhood. Tenants enjoy off-street parking in the dedicated parking lot.
Listing Provided Courtesy of Parvaneh Kalantari, Vitality Home Realty
General Information
707812858
24
DOM
3
9147.6 SqFt
2
5600
1978
mult
Multnomah
Not Found
Hosford
MultiFamily
Seller is a licensed Commercial Broker. Contact directly for all questions and showings.
Listing Provided Courtesy of Parvaneh Kalantari, Vitality Home Realty
Krishna Realty data last checked: Jul 03, 2025 01:21 | Listing last modified Jun 10, 2025 09:57,
Source:
Turn-key 8-Unit apartment with upside in the trendy Brooklyn Neighborhood of close-in SE Portland. Built in 1976, the unit mix is comprised of four 2-bed/1-bath units and four 1-bed/1-bath units with an average of 700 square feet. A majority of the units have been remodeled, with the most recent one achieving strong rents, providing a roadmap for future renovation and income growth on the remaining classic units. Additional upside can be achieve through putting all units on utility reimbursements as some do not currently pay RUBS. All units feature full kitchens and washer/ dryers, a rare amenity for apartments in this neighborhood. Tenants enjoy off-street parking in the dedicated parking lot.
