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5845 NE Prescott St, Portland, OR 97218

$999,000

13 Photos

Property Description

Remodeled NE Portland duplex with strong income potential and future upside. This turnkey property features two updated units and offers an excellent opportunity for investors or owner-occupants alike. Well-positioned on a lot with potential for additional development, this property combines immediate usability with long-term value. Buyer to perform due diligence regarding all development possibilities.

5845 NE Prescott St | MLS# 459095719

This multi-family property located at 5845 NE Prescott St, Portland, OR 97218 is currently listed for sale with an asking price of $999,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Air Conditioning Ready, Window Unit(s)
Fuel Type: Electricity, Gas
Heating: Gravity, Other
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $6,092
Year Built: 1938
Square Feet: 2,700

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave
Rent: $2000.00
Square Footage: 2300
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, HardwoodFloors, Microwave
Rent: $1500.00
Square Footage: 400
Total Units: 1

Feature Descriptions

Days on Site: 179
Exterior: Wood Composite, Wood Siding
Gross Income: $42000.00 (Actual)
Hot Water: Electricity, Gas
Lot: Level, On Busline, Public Road, Trees
Net Income: $32000.00 (Actual)
Operating Expenses: $10000.00 (Actual)
Parking: Driveway, OffStreet
Parking Notes: Driveway, OffStreet
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Units: 2
Water: Public Water

Local Schools

High School: Leodis McDaniel
Middle School: Beaumont
Elementary School: Rigler

Listed By / Shown By

Listed By

Agency Name: Epique Realty
Agency Contact: 503-307-0769

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 5,850.53 per month $5,051.49 Principal & Interest $507.67 Property Tax $291.38 Homeowner's Insurance

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