7011 North Oswego Avenue

Portland, OR 97203

$1,749,900
Price
Beds
7,070 Sq. Ft.
$248 / Sq. Ft.
7,070
Sq. Ft.
$248
per Sq. Ft.

Description

This meticulously maintained and professionally managed Cathedral Park 9 plex offers 6 two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house. 8 off-street parking spaces. Located just minutes to lively downtown St. Johns where you'll find local hotspots, restaurants, and shops. Public transportation is just at doorstep. walk score=90, bike score=87. All units are rented, generating rental income that is nearly at par with current market rates, making this a truly lucrative opportunity!This meticulously maintained and professionally managed Cathedral Park 9 plex offers 6 two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house. 8 off-street parking spaces. Located just minutes to lively downtown St. Johns where you'll find local hotspots, restaurants, and shops. Public transportation is just at doorstep. walk score=90, bike score=87. All units are rented, generating rental income that is nearly at par with current market rates, making this a truly lucrative opportunity!
  1. Listed by Cindy Somsanith • Farrell Realty & Property Management, Inc • info@farrellrealty.com

Property Details for 7011 North Oswego Avenue

Parking Features
Assigned
Zoning
RM2
Parking Total
8.00
LISTING UPDATED: 10/16/2024 11:42 AM

Property Details for 7011 North Oswego Avenue

StatusActive
MLS #24541073
Days on Market69
Taxes$18,395 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1981
Lot Size0.23 AC / 10,018 SF
CountyMultnomah County

Building Information for 7011 North Oswego Avenue

Stories2Residences9Year Built1981Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 7011 North Oswego Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Willamette to Oswego
  • Road Surface: Paved
School Information
  • Elementary School: James John
  • High School: Roosevelt
  • Middle Or Junior School: George
Taxes and HOA
  • Management Name: Jeff Rhoades
  • Management Phone: 503-283-1900
  • Tax Year: 2024
  • Tax Annual Amount: $18,394.61
  • Parcel Number: R100555
  • Tax Legal Description: ADAMS ADD, BLOCK 1, LOT 5 EXC SWLY 10' OF SELY 20', LOT 6
Property
Lot Information
  • Acres: 0.23
  • Lot Description: Corner Lot, Level, On Busline
  • Lot Size Square Feet: 10018.0
  • 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: Approximately
  • Year Built: 1981
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space, Unfinished
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
  • Gross Income Actual: $161,220.00
  • Gross Income Projected: $179,460.00
  • Gross Rent Multiplier: $10.85
  • Investor Information: Leases, Profit Loss Statement, Rent Records
  • Net Income Actual: $112,854.00
  • Net Income Projected: 125568
  • Operating Expenses Projected: $53,892.00
  • Operating Expense: $48,366.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 7070
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Fireplace, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,595
  • Unit Type 1 SqFt: 800.0
  • Unit Type 1 Units Total: 5
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,895
  • Unit Type 2 SqFt: 1470.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,195
  • Unit Type 3 SqFt: 800.0
  • Unit Type 3 Units Total: 2
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $1,175
  • Unit Type 4 SqFt: 400
  • Unit Type 4 UnitsTotal: 1

Schools near 7011 North Oswego Avenue

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
Charter - K to 8
Rating
School
Distance
James John Elementary School
PublicK to 5

George Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

Portland Village School
CharterK 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.

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7011 North Oswego Avenue is a multi-family home for sale in Portland, OR 97203. This property was listed for sale on September 18, 2024 by Farrell Realty & Property Management, Inc, it's currently listed at $1,749,900. This listing's school district is Portland School District 1j. Nearby schools include James John Elementary School, George Middle School and Roosevelt High School. 7011 North Oswego Avenue is a 0-bed, 0-bath, 7,070 sqft multi-family home built in 1981.

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 Farrell Realty & Property Management, Inc

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: 10/16/2024 11:42 AM