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91st Avenue 7-Unit

91st Avenue 7-Unit

https://www.josephbernard.net/3709_91st
Address:
3709 SE 91st Avenue, Portland, Oregon 97266
Price:
$465,000
Units:
7
Price per unit:
$66,429
Cap Rate:
7.66%
Year Built:
1999

Highlights

  • Single Family Home on Same Tax Lot
  • Decks
  • Newer-Built Apartment Units
  • Attached Garages
  • Laundry Income
  • Seller Contract Terms Possibly Available
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91st Avenue 7-Unit

Summary

Seven units located in a quiet setting near the TriMet MAX Lightrail & Busline in the Lents neighborhood of SE Portland, Oregon. Six newer-built apartments with attached garages and decks, and one single family home all on one tax lot. Potential to add an additional, already built unit to conforming status.

Highlights

  • Single Family Home on Same Tax Lot
  • Decks
  • Newer-Built Apartment Units
  • Attached Garages
  • Laundry Income
  • Seller Contract Terms Possibly Available
Sold

91st Avenue 7-Unit

Whether you’re looking for an investment property or your first home, Lents, with its abundant parks and proximity to inner Southeast, is a fantastic value. Lents Neighborhood Association is working to make the neighborhood a safer and more enjoyable place to live. Visiting Lents, one gets a strong feeling of community and family, values that make the neighborhood a pleasant place and belie its somewhat undeserved repute. With peaceful streets and the best the Eastside has to offer a short drive away, Lents is a great opportunity.

Portland is the largest city in Oregon, and the fourth largest city on the west coast.  The Portland Metro Area is home to nearly 2 million people, and sits approximately 78 miles from the ocean and 65 miles from the Cascade Mountains.

In 2008 Money Magazine named Portland one of the "Top 10 Places to Live".  Portland is also well known for its strong land-use planning and investment into public transportation.  Some of the larger Portland employers include Nike, Columbia Sportswear, Tektronix, Precision Castparts Corp, and Mentor Graphics Corp.

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91st Avenue 7-Unit

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Amber East
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Price: $495,000 Units: 9 Price per Unit: $55,000 Cap Rate: 4.58%
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91st Avenue 7-Unit

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91st Avenue 7-Unit

Document Title Document Type
Property Flyer Adobe PDF
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91st Avenue 7-Unit

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax