2003 Fairview Ave

    Fairview, OR 97024
    • $694,900
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 19552187
    UPDATED: 18 min ago
    $694,900
    • 5
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 4,938
      SQFT
    • $141
      $/SQFT
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great owner occ investment opportunity with 7.89 CAP & 10.7 GRM in tax free Opportunity Zone (buyer due diligence). Detached 2 bed, 2 bath w/ lam floors, quartz counters, large vaulted master suite with full bath & wash/dry hookups. Vacant 10/1 .3 units in sep building; all with wash/dryers, lam floors, newer paint. Large paved parking for renters/guests. See attached doc for features & financials. 792 sq ft garage w/storage also rented

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    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 Gustavo Group | eXp Realty 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. Data last updated 2019-10-23T13:59:28.297.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
    www.homevaluewashington.com/homes/99208115

    2003 Fairview Ave Fairview, OR 97024

    • Price: $694,900
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 19552187
    5
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,938
    SQFT
    $141
    $/SQFT
    1901
    Built
    Neighborhood:
    144-Gresham/Sandy/Troutdale/Corbett
    County:
    Multnomah
    Area:
    144-Gresham/Sandy/Troutdale/Corbett
    Elementary School:
    Fairview
    Middle School:
    Reynolds
    High School:
    Reynolds
    Property Description
    Great owner occ investment opportunity with 7.89 CAP & 10.7 GRM in tax free Opportunity Zone (buyer due diligence). Detached 2 bed, 2 bath w/ lam floors, quartz counters, large vaulted master suite with full bath & wash/dry hookups. Vacant 10/1 .3 units in sep building; all with wash/dryers, lam floors, newer paint. Large paved parking for renters/guests. See attached doc for features & financials. 792 sq ft garage w/storage also rented
    Exterior Features

    Exterior Description Lap SidingShingle Siding Garage Or Parking Spaces 20 Lot Description On BuslineLevel Lot Size 7000 To 9999 Sqft Parking Description PavedGarage Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Foundation Crawl Space Heating Description Forced Air Hot Water Description Electricity Unit Features DishwasherDisposalRangeRefrigeratorWasher/Dryer HookupWasher/Dryer Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 860 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 1680 Unit Type3 Features DisposalRangeRefrigeratorWasher/Dryer Unit Type3 Sq Ft 660 Unit Type4 Features DisposalRangeRefrigeratorWasher/Dryer Unit Type4 Sq Ft 850

    Property Features

    Bank Owned YN No Capitalization Rate 7.89 CCRs YN No Country Us Fuel Description Gas Gross Income Actual 65400 Gross Income Projected 72000 Gross Rent Multiplier 10.63 Net Income Actual 55208 Net Income Projected 61808 Occupancy Types Leased Operating Expenses Actual 10192 Operating Expenses Projected 10192 Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Garage(S) Tax Amount 4728.82 Third Party Approval YN No Unit Type1 Rent 1600 Unit Type1 Units Total 1 Unit Type2 Rent 1500 Unit Type2 Units Total 1 Unit Type3 Rent 875 Unit Type3 Units Total 1 Unit Type4 Rent 975 Unit Type4 Units Total 1 Utilities Included None Year Built Description Approximately Zoning R-7.5

    Listing provided courtesy of More Realty.
    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 Gustavo Group | eXp Realty 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. Data last updated 2019-10-23T13:59:28.297.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
     
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    Vancouver WA, 98662
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