5717 SE Foster Rd Portland, OR 97206
Listing Courtesy of: RMLS / Better Homes And Gardens Real Estate Realty Partners / Patrick Sheehan

  5717 SE Foster Rd Portland, OR 97206

Active (177 Days)
$599,000

Description

Residential / Commercial mixed use gem! Upper level (currently vacant) completely remodeled 1 bed/1 bath apartment previously rented for $1,220/month. Downstairs is a live/work 2 bed 1 bath remodeled unit with 2 years left on a $1,750/mo lease to a hair studio. Both access to shared basement storage and laundry. Food cart spot will bring in $750/month, and billboard pays $116 a month. Tenants pay garbage, water, gas, and electricity. Newer roof, siding, HVAC, and sewer line. Upper unit is vacant, call for showing. Lower unit viewable with accepted offer. Projected income includes new food cart space that has not had rental history. 6 cap rate when including the food cart space.

MLS #:
23295758
Taxes
$2,980(2023)
Type
Multifamily
Year Built
1908
County
Multnomah County
Community
Foster-Powell

Listed By

Patrick Sheehan, Better Homes And Gardens Real Estate Realty Partners
Source
RMLS
Last checked May 2 2024 at 4:55 AM GMT+0000
Bathroom Details
Subdivision
  • Foster/powell
Lot Information
  • On Busline
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
Basement Information
  • Full Basement
  • Storage Space
  • Exterior Entry
Exterior Features
  • Cement Siding
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Creston
  • Middle School: Kellogg
  • High School: Franklin
Parking
  • Open
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than (fill in the site owning Broker company name here) are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 5/1/24 21:55