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- MLS#21535170
- TypePending
- CountyCLACKAMAS
- CityMilwaukie
- AreaMilwaukie - Gladstone - Happy Valley - Clckmas - D
- Zip97222
- Style
- Year Built1967
- Taxes22538
- Price$ 3,225,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage15600
Listing Provided Courtesy Of:
Realty Yield
Data Source:
Regional Multiple Listing Service
Property Description
Long-term owner (purchased in 2004). Subject property hasa stable/long-term operating history. Collected income: 2019($234,975), 2020 ($230,442 - *Modest Covid-19 impact plusfive-5 extensive unit turnovers resulted in some temporaryvacancy). Average current rent = $1,097 per unit. Highest rentcurrently achieved = $1,195. Covid-19 prevented planned rentbumps in 2020. Subject property is primed for near-term across the board rent increases.
Middle School |
---|
Rowe Middle School |
Price History | |
---|---|
3/12/2021 | Listed $3,225,000 |
General Features
Heating | Baseboard |
---|---|
MLS Area | Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada |
Property Type | Multi Family |
Roof | Composition |
Sewer | Public Sewer |
Terms | Cash, Conventional |
Total Units | 20 |
Video Tour Y/N | No |
Zoning | r5 |
Interior Features
Fueldescription | Electricity |
---|---|
Sqftapproximatebuildingtotal | 15600 |
Unit 1 Baths Total | 1 |
Unit Features | Dishwasher, Range, Refrigerator |
Unittype1sqft | 780 |
Unittype1unitstotal | 20 |
Exterior Features
Lot Size | 20, 000 SqFt to .99 Acres |
---|---|
View Y/N | No |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool