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1638 SE 12th Avenue
Portland, OR 97214
Asking Price
$4.75M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
A Rare Multifamily Opportunity in Portland's Iconic Ladd's Addition <ul><li>Irreplaceable Vintage Charm & Livability - Mulberry perfectly captures and complements the historic significance of Ladd's Addition.</li><li>Spacious unit floor plans featuring large living rooms and bedrooms, kitchens with well preserved cabinet and case work</li><li>Classic architectural details including: Beautiful oak hardwood floors, Pocket doors, Historic tile wainscoting bathrooms, Coved ceilings, Numerous large closets, Secure private garages off the ally</li><li>Expansive wi
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NOI
$80,000
Cap Rate
1.68%
DSCR
0.28
Underwater
Cash-on-Cash
-14.18%
Monthly Payment
$23,500.408
Annual Cash Flow
$-202,004.9
