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2554 NE Hoyt St, Portland, OR 97232

$910,000

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Property Description

Prime investment opportunity in Portland's highly desirable Kerns neighborhood! This quadplex features four rentable units with six total bedrooms, all currently occupied, offering immediate income potential. Ideally located in the heart of Portland near incredible restaurants, shops, entertainment, and public transit. Property amenities include a dedicated laundry room with coin-operated machines, individual storage units, plus a large additional storage room that could generate extra rental income or be reserved for owner use. A rare opportunity in an exceptional location!

2554 NE Hoyt St | MLS# 394666582

This multi-family property located at 2554 NE Hoyt St, Portland, OR 97232 is currently listed for sale with an asking price of $910,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Baseboard
Stories: 2.0
Taxes: $8,932
Year Built: 1958
Square Feet: 2,900

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1695.00
Square Footage: 725
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1395.00
Square Footage: 725
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1290.00
Square Footage: 725
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1170.00
Square Footage: 725
Total Units: 1

Feature Descriptions

Days on Site: 40
Exterior: Wood Siding
Gross Income: $62978.00 (Actual)
Net Income: $43201.00 (Actual)
Operating Expenses: $19777.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Storage: IndividualStorageUnits
Units: 4
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Buckman

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 5,611.21 per month $4,601.46 Principal & Interest $744.33 Property Tax $265.42 Homeowner's Insurance

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