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North Greeley Duplex

North Greeley Duplex

https://www.josephbernard.net/north-greeley-duplex
Address:
5558 N Greeley Ave, Portland, Oregon 97217
Price:
$559,200
Units:
2
Price per unit:
$279,600
Cap Rate:
14.88 (GRM)
Year Built:
1915

Highlights

  • 0% vacancy over Seller's ownership
  • Minimal expenses, Seller pays water/sewer/garbage
  • Well maintained and in good condition
  • Strong rents
  • Hardwood floors and gutter guards added in 2018
  • Bike Score: 97
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North Greeley Duplex

Summary

Duplex on N Greeley located in popular inner-North Portland, minutes from Adidas, restaurants, and public transit. New hardwood floors and gutter guards added in 2018. The owner has achieved strong rents and has never had vacancy on the property. There is room to grow rents while continuing to operate with low expenses. Hot investment opportunity with a 14.10 Gross Rent Multiplier.

Highlights

  • 0% vacancy over Seller's ownership
  • Minimal expenses, Seller pays water/sewer/garbage
  • Well maintained and in good condition
  • Strong rents
  • Hardwood floors and gutter guards added in 2018
  • Bike Score: 97
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North Greeley Duplex

N Greeley Ave/N Killingsworth St

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North Greeley Duplex

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North Greeley Duplex

Document Title Document Type
Property Flyer Adobe PDF
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North Greeley Duplex

Hunter Brookshier
HBrookshier@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