264 CERVANTES, Lake Oswego, OR 97035

$814,900

Listing courtesy of Willcuts Company Realtors.

List Price
$814,900
Price Change
▼ $10,000 1587678857
MLS#
20397103
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Lake Oswego, West Linn
Status
ACTIVE

Property Description

Excellent quadplex featuring townhouse style units in the desirable Mountain Park subdivision. Upper units feature vaulted ceilings and open great room style plans. Well cared for and maintained by owner. Recently installed AC units among other exterior upgrades. Quick access to PCC, 217, and I5. Terrific investment opportunity.

Additional Information

Tax Amount
$11,504
Year Built
1978
Middle School
Jackson
Cooling Description
Central Air
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Tile
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
4144
Capitalization Rate
6.07
Operating Expenses Actual
18824
Gross Income Actual
68880
Gross Rent Multiplier
11.83
Net Income Actual
50056
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1600
Unit Type One Sq Ft
965
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1315
Unit Type Two Sq Ft
965
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1400
Unit Type Three Sq Ft
965
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
2
Unit Type Four Rent
1425
Unit Type Four Sq Ft
965
Unit Type Four Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

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