North Jersey Street Fourplex
North Jersey Street Fourplex
https://www.josephbernard.net/north-jersey-street-fourplex- Address:
- 8120-8124 N Jersey St, Portland, Oregon 97203
- Price:
- $935,000
- Units:
- 4
- Price per unit:
- $233,750
- Cap Rate:
- 14.84 (GRM)
- Year Built:
- 1926
Highlights
- Rare opportunity in St. Johns
- Strong operating history
- Updated units
- Upside potential
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North Jersey Street Fourplex
Summary
North Jersey Street Fourplex is a rare opportunity to own in the heart of historic St. Johns neighborhood; less than 2 miles away from the University of Portland, and walking distance to all the main shops, restaurants, and outdoor activities the area has to offer. The neighborhood has undergone significant revitalization in recent years and continues to see new developments and growth. This fourplex has strong operating history and has received significant updates and improvements while still offering significant upside potential. One unit still has an unfinished basement with the potential to add an additional bedroom/bathroom and garner significantly higher rents. The property retains the charm of a vintage building, with modern upgrades and amenities, in an excellent location.
Highlights
- Rare opportunity in St. Johns
- Strong operating history
- Updated units
- Upside potential
North Jersey Street Fourplex
N Jersey St/N Mohawk Ave
North Jersey Street Fourplex
North Jersey Street Fourplex
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
North Jersey Street Fourplex
Andrew Holowetzki
aholowetzki@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax