5013 Southwest View Point Terrace
Portland, OR 97239
$1,750,000
Price
—
Beds
8,365 Sq. Ft.
$209 / Sq. Ft.
8,365
Sq. Ft.
$209
per Sq. Ft.
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...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.
- Listed by Peter Jameson • J Residential Properties
- Listed by Erin Jameson Maher • J Residential Properties
Property Details for 5013 Southwest View Point Terrace
Subdivision
SOUTH PORTLAND
Parking FeaturesGarage, Off Street
ZoningR1
ViewMountain, River, Valley
Garage Spaces6.00
Parking Total5.00
LISTING UPDATED: 08/27/2024 02:12 PM
Property Details for 5013 Southwest View Point Terrace
| Status | Active |
|---|---|
| MLS # | 24024738 |
| Days on Market | 114 |
| Taxes | $20,256 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1979 |
| Lot Size | 0.23 AC / 10,018 SF |
| County | Multnomah County |
Building Information for 5013 Southwest View Point Terrace
Stories2Residences5Year Built1979Building Size-Lot Size0.23 AC / 10,018 SF
Property Information for 5013 Southwest View Point Terrace
Summary
Location and General Information
- Country: US
- Directions: Macadam to Mitchell to Viewpoint
- Road Surface: Concrete
School Information
- Elementary School: Capitol Hill
- High School: Ida B Wells
- Middle Or Junior School: Jackson
Taxes and HOA
- Management Name: TMG Jordan Miller
- Tax Year: 2023
- Tax Annual Amount: $20,256.38
- Parcel Number: R285411
- Tax Legal Description: TERWILLIGER HMSTD, BLOCK 14, LOT 2&3
Property
Lot Information
- Acres: 0.23
- Lot Description: Sloped
- Lot Size Square Feet: 10018.0
- Lot Size Range: Sq Ft10000to14999
- Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 1979
Utilities
- Cooling Description: Central Air, Wall Unit
- Fuel Description: Electricity
- Heating Description: Forced Air90, Wall Heater
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: None
Interior and Exterior Features
Exterior Features
- Exterior Description: Panel, T111Siding
- Roof Type: Composition
Interior Features
- Basement: Daylight, Finished
- Foundation Details: Block, Concrete Perimeter
- Stories: 2
Amenities
Amenities Information
- Internet Service Type: Cable
Multi Family
Multi-Family Information
- Number Of Units Total: 5
- Gross Income Actual: $164,100.00
- Gross Income Projected: $182,274.00
- Gross Rent Multiplier: $10.66
- Investor Information: Leases, Profit Loss Statement
- Net Income Actual: $107,044.00
- Net Income Projected: 124128
- Operating Expenses Projected: $58,146.00
- Operating Expense: $57,056.00
- Storage: Garage
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
- SqFt Approximate Building Total: 8365
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 1
- Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
- Unit Type 1 Rent: $1,485
- Unit Type 1 SqFt: 630.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 2
- Unit Type 2 Beds Total: 3
- Unit Type 2 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
- Unit Type 2 Rent: $2,425
- Unit Type 2 SqFt: 1635.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 3
- Unit Type 3 Beds Total: 4
- Unit Type 3 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
- Unit Type 3 Rent: $2,995
- Unit Type 3 SqFt: 1950.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 3
- Unit Type 4 Beds Total: 4
- Unit Type 4 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
- Unit Type 4 Rent: $3,200
- Unit Type 4 SqFt: 1950
- Unit Type 4 UnitsTotal: 1
Unit 5 Information
- Unit Type 5 Baths Total: 3
- Unit Type 5 Beds Total: 4
- Unit Type 5 Features: Air Conditioning, Deck, Fireplace, Washer Dryer
- Unit Type 5 Rent: $3,475
- Unit Type 5 SqFt: 2200.0
- Unit Type 5 Units Total: 1
Public Records for 5013 Southwest View Point Terrace
Taxable ValueLand-Additions-Total-
Tax Record2017$16,013 ($1,334 / month)
Home Facts
Baths8Above Grade Finished SqFt5,696 SqFtFinished Basement SqFt2,774 SqFtUnfinished Basement SqFt2,774 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1979ZoningR1CountyMULTNOMAHAPNR285411
Schools near 5013 Southwest View Point Terrace
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Capitol Hill Elementary School PublicK to 5 | ||
Jackson Middle School Public6 to 8 | ||
Ida B. Wells-Barnett High School Public9 to 12 | ||
Winterhaven School PublicK to 8 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near John's Landing
Neighborhoods
Cities
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 J Residential Properties
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 08/27/2024 02:12 PM
