14937 Southeast Stark Street
$2,600,000
—
14,080
14,080
$185
Description
Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit, built 1966. All units have their own full-size washer & dryer, except...Fully rented, with recent rent increases, and several long-term tenants. Four apartment buildings on a nearly 3/4 acre lot: A townhouse style 6-plex with 2 bedroom, 1.1 bath, 933 sq. ft. units, built in 2005; a townhouse style 4-plex, with 2 bedroom, 1.1 bath, 933 sq. ft. units, built 2001; a duplex with 2 bedroom, 1 bath, 900 sq. ft. units, built 2001; and a 4-plex with three 2 bedroom, 1 bath units & one 1 bedroom, 1 bath unit, built 1966. All units have their own full-size washer & dryer, except the original 4-plex has a shared laundry. All townhouse-style units feature 9' ceilings on the main level. Tenants pay own electricity bills. Gross sq. ft. is gross rentable area, and doesn't include a shared laundry area in one building. Most units are located well off of Stark St. in a quiet setting with 26 parking spaces. School bus stops at the driveway. Cap rate is 6.13 using projected net income.
- Listed by Wayne Sanman • RE/MAX Equity Group
Property Details for 14937 Southeast Stark Street
Subdivision
GLENFAIR
Parking FeaturesOff Street, Paved
ZoningRM3
Parking Total26.00
LISTING UPDATED: 11/20/2024 11:32 AM
Property Details for 14937 Southeast Stark Street
Status | Active |
---|---|
MLS # | 24056070 |
Days on Market | 188 |
Taxes | $30,891 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 2005 |
Lot Size | 0.73 AC / 31,798 SF |
County | Multnomah County |
Building Information for 14937 Southeast Stark Street
Stories2Residences16Year Built2005Building Size-Lot Size0.73 AC / 31,798 SF
Property Information for 14937 Southeast Stark Street
Schools near 14937 Southeast Stark Street
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 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Glenfair Elementary School PublicK to 5 | ||
Hauton B Lee Middle School Public6 to 8 | ||
Reynolds High School Public9 to 12 | ||
Four Corners School PublicK to 12 |
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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