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1910 NE Weidler Street

1910 NE Weidler Street

https://www.josephbernard.net/1910-ne-weidler-street
Address:
1910 NE Weidler St, Portland, Oregon 97232
Price:
$829,000
Units:
4
Price per unit:
$207,250
Cap Rate:
16.22 (GRM)
Year Built:
1907

Highlights

  • Value add opportunity
  • Fantastic close in NE Portland location
  • Great floor plan for owner-occupied
  • New roof and exterior paint
  • Off-street parking and garage on-site
  • Vintage charm
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1910 NE Weidler Street

Summary

Rare opportunity to purchase a vintage four-plex in the Sullivan Gulch neighborhood of NE Portland. Value add opportunity through rent growth and the continued development of the urban core of NE Portland. Perfect set up for an owner-occupant, with large two bedroom unit on the main floor, and three studio units above. Airbnb potential. Detached 528 square foot garage provides the potential for additional storage/parking on-site. Corner lot, with ample parking and greenspace.


* Studio and 2 bedroom unit are currently vacant and have estimated rents factored at $900 and $1800.

* Square Footage Includes: 2,690 of unit square footage, 1,080 of unfinished basement (laundry/storage), and 528 square feet for the detached garage.

Highlights

  • Value add opportunity
  • Fantastic close in NE Portland location
  • Great floor plan for owner-occupied
  • New roof and exterior paint
  • Off-street parking and garage on-site
  • Vintage charm
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1910 NE Weidler Street

NE Weidler St/NE 19th Ave

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1910 NE Weidler Street

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1910 NE Weidler Street

Document Title Document Type
Property Flyer Adobe PDF
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1910 NE Weidler Street

Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax