Bought with MORE Realty
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167 NE 162ND AVE Portland, OR 97230
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Key Details
Sold Price $1,095,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24266907
Sold Date 08/30/24
Year Built 2022
Annual Tax Amount $974
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
Immerse yourself in the timeless elegance of this meticulously designed 2-year-old 4-plex. Each unit is a testament to fine craftsmanship and thoughtful architecture, ensuring both aesthetic appeal and lasting quality. With a solid 6.3% cap rate, this property promises not only a beautiful living space but also a lucrative investment opportunity. Watch your investment grow with every passing year. Conveniently located just 2 blocks from the light rail station and a mere 3 blocks from Trimet, commuting has never been easier. Enjoy the benefits of urban living while relishing the tranquility of a residential neighborhood. Every unit comes with its own garage, providing added convenience and security for tenants while enhancing the property's value. Take advantage of the 30-year fixed-rate loan at an attractive rate of 6 7/8%. Secure your investment with peace of mind and financial stability.
Location
State OR
County Multnomah
Community Alllandscaping
Area _142
Zoning SC
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Heat Pump
Exterior
Garage Spaces 4.0
Community Features AllLandscaping
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Wilkes
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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