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Listed by High Five Properties
$1,283,000
Est. payment /mo
3,683 SqFt
Price Dropped by $137K
5223 SE LAFAYETTE ST Portland, OR 97206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,683 sqft
Price per Sqft $348
Subdivision Foster/Powell
MLS Listing ID 420706361
Year Built 1969
Annual Tax Amount $10,760
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
This five-unit beauty has legs! Terrific Foster/Powell location ideal for renters. Four two-story units and one single level unit. Townhouse style two-story units have been professionally remodeled. Kitchens feature granite counter tops, new cabinets and new appliances. Living room floors are either engineered wood or oak. New carpet on the upper levels. Bathrooms with subway tile and new fixtures. Two units have a private backyard. The single level unit upstairs has a private patio. Solid tenants with significant room to improve rents. This building is a long-term hold with incredible opportunity to build cash flow and equity. Fully occupied -- please do not disturb tenants. Offer contingent on interior inspection. No sign at the property. Seller is a licensed agent in another state. A wonderful property to start or improve your investment portfolio!
Location
State OR
County Multnomah
Community Laundry
Area _143
Zoning CM2
Interior
Heating Baseboard, Zoned
Exterior
Garage Spaces 3.0
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Creston
Middle Schools Hosford
High Schools Franklin
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
