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1035 SE 14th Ave
Portland, OR 97214
Asking Price
$949K
Cap Rate
6.51%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.51% CAP <p>Charming, fully restored 6-unit building in Portland's Buckman neighborhood, between the popular Belmont and Hawthorne shops and restaurants. Walk Score 96 (Walker's Paradise) & Bike Score 97 (Biker's Paradise). 2018 studs-out remodel included electrical wiring and panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room, and kitchens with new cabinets, quartz countertops, and stainless appliances. New roof in 2020; common-area windows in 2021. Unit mix: t
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NOI
$80,000
Cap Rate
8.43%
DSCR
1.42
Strong
Cash-on-Cash
8.31%
Monthly Payment
$4,695.134
Annual Cash Flow
$23,658.39
