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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
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North Jersey Street Fourplex

N Jersey St/N Mohawk Ave

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North Jersey Street Fourplex

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North Jersey Street Fourplex

Document Title Document Type
Property Flyer Adobe PDF
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North Jersey Street Fourplex

Andrew Holowetzki
aholowetzki@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