125 Southwest Lancaster Court

Troutdale, OR 97060

$2,132,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Brand new townhome rental opportunity in Troutdale, OR. Located inside of the Lancaster Park housing development by Arbor Homes, the building is comprised of 3-bedroom, 2.5 bath units with attached garages. The units are designed with the resident in-mind featuring spacious floorplans, contemporary design, and modern finishes. Each unit is on a separate tax lot allowing the buyer to sell units individually in the future or maintain as rentals. The fee simple townhomes are available to be purchased...Brand new townhome rental opportunity in Troutdale, OR. Located inside of the Lancaster Park housing development by Arbor Homes, the building is comprised of 3-bedroom, 2.5 bath units with attached garages. The units are designed with the resident in-mind featuring spacious floorplans, contemporary design, and modern finishes. Each unit is on a separate tax lot allowing the buyer to sell units individually in the future or maintain as rentals. The fee simple townhomes are available to be purchased on a unit-by-unit basis or together and are priced accordingly with purchase flexibility for 1 - 5 units. "Actual" income and expenses are Projected
  1. Listed by Nicholas Diamond • Real Estate Investment Group

Property Details for 125 Southwest Lancaster Court

Subdivision
LANCASTER PARK
Parking Features
Attached, Garage
Zoning
MDR
Parking Total
2.00
LISTING UPDATED: 08/04/2024 12:45 PM

Property Details for 125 Southwest Lancaster Court

StatusActive
MLS #23091847
Days on Market559
Taxes$19,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size-
CountyMultnomah County

Building Information for 125 Southwest Lancaster Court

Stories2Residences5Year Built2023Building Size-Lot Size-

Property Information for 125 Southwest Lancaster Court

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 30 to Halsey street, turn on SW Lancaster Ct, home is on the left
School Information
  • Elementary School: Troutdale
  • High School: Reynolds
  • Middle Or Junior School: Walt Morey
Taxes and HOA
  • Tax Annual Amount: $19,500.00
  • Parcel Number: R704905
  • Tax Legal Description: LANCASTER PARK, LOT 13
Property
Lot Information
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2023
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air95Plus
  • Hot Water Description: Gas, Tankless
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $157,950.00
  • Gross Income Projected: $157,950.00
  • Gross Rent Multiplier: $13.50
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $106,633.00
  • Net Income Projected: 106633
  • Operating Expenses Projected: $51,317.00
  • Operating Expense: $51,317.00
  • Security Features: Entry
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Central Air
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Disposal, Microwave
  • Unit Type 1 Rent: $2,750
  • Unit Type 1 SqFt: 1580.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Disposal, Microwave
  • Unit Type 2 Rent: $2,650
  • Unit Type 2 SqFt: 1566.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Disposal, Microwave
  • Unit Type 3 Rent: $2,750
  • Unit Type 3 SqFt: 1566.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 3
  • Unit Type 4 Beds Total: 3
  • Unit Type 4 Features: Air Conditioning, Dishwasher, Disposal, Microwave
  • Unit Type 4 Rent: $2,750
  • Unit Type 4 SqFt: 1566
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 3
  • Unit Type 5 Beds Total: 3
  • Unit Type 5 Features: Air Conditioning, Dishwasher, Disposal, Microwave
  • Unit Type 5 Rent: $2,850
  • Unit Type 5 SqFt: 1580.0
  • Unit Type 5 Units Total: 1

Public Records for 125 Southwest Lancaster Court

Taxable ValueLand-Additions-Total-
Tax Record2024$4,666 ($389 / month)
Home Facts
Beds0Total Finished SqFt660 SqFtAbove Grade Finished SqFt660 SqFtLot Size2,225 SqFtStyleCondominiumYear Built2023ZoningR4CountyMULTNOMAHAPN1N3E26DB 02314

Schools near 125 Southwest Lancaster Court

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Troutdale Elementary School
PublicK to 5

Walt Morey Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Reynolds Arthur Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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125 Southwest Lancaster Court is a multi-family home for sale in Troutdale, OR 97060. This property was listed for sale on June 7, 2023 by Real Estate Investment Group, it's currently listed at $2,132,500. This listing's school district is Reynolds School District 7. Nearby schools include Troutdale Elementary School, Walt Morey Middle School and Reynolds High School. 125 Southwest Lancaster Court is a 0-bed, 0-bath, multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Investment Group

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