REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Douglas Varenas

doug@dougvarenas.com +1(503) 295-3602

Listed by J Residential Properties

$ 1,750,000

Est. payment -/mo

Save

Active

5013 SW VIEW POINT TER Portland, OR 97239

8,365 SqFt

UPDATED:

08/27/2024 02:12 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,365 sqft

Price per Sqft $209

Subdivision South Portland

MLS Listing ID 24024738

Year Built 1979

Annual Tax Amount $20,256

Tax Year 2023

Lot Size 10,018 Sqft

Property Description

Seller will carry a first position loan at terms to be provided! 6.12 Cap Rate! 5 Unit apartment community in the heart of SW Portland, John's Landing & South Portland neighborhood. Minutes to downtown Portland & ideal for owner occupy! The property's 1, 3 & 4 bedroom units feature large floor plans, fully equipped kitchens w/stainless appliances, fireplaces, A/C, in-unit washer & dryer, patios or balconies & attached garages. Photos of Unit 5017 is 1900 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms & river views. Photos of Unit 5021 is 2200 sq. ft. apartment w/4 bedrooms, 2.5 bathrooms and 2 car garage.Minutes to mass transit, freeways, shopping & recreation. Seller financing available, terms to be provided upon request. Additional utility offset paid by tenants $44 per person in each unit. Currently is $704 per month. Most units are nicely updated. Do not disturb tenants, Showing subject to Buyer qualifications and acceptable offer.

Location

State OR

County Multnomah

Area _148

Zoning R1

Rooms

Basement Daylight, Finished

Interior

Heating Forced Air90, Wall Heater

Cooling Central Air, Wall Unit

Exterior

Garage Spaces 6.0

View Mountain, River, Valley

Roof Type Composition

Parking Type Garage, Off Street

Garage No

Building

Lot Description Sloped

Story 2

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Capitol Hill

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Contract, Conventional, OwnerWillCarry

Listing Terms Cash, Contract, Conventional, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

Douglas Varenas

Agent | License ID: 22007252

+1(503) 295-3602

Douglas Varenas

5013 SW VIEW POINT TER Portland, OR 97239

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

5013 SW VIEW POINT TER