$555,000
SOLD FEB 17, 2012

6640 E Burnside St Unit 6652 Portland, OR 97215

Mount Tabor Neighborhood
-- Bed
-- Bath
8,902 Sq Ft
0.28 Acres

Recently Sold

$62 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • City View
  • 12 Car Attached Garage
  • Property is near a bus stop
  • Glencoe Elementary School Rated A-
  • Zoned Heating
  • Level Lot

About This Home

As of May 2017

Well maintained units with good rental history; rents could possibly be higher. 2 units have FP's; all have nice roomy kitchens,decks,W/D hookups & attached 1 car garages with generous storage space. North Tabor location is close to Mt Tabor Pk and Providence Hosp. Bus route on Burnside provides easy access east or west. Step into ownership & start enjoying an easy investment!

Last Agent to Sell the Property

Sandi Sheets

Premiere Property Group, LLC Brokerage Email: lakeoswego@windermere.com License #900400331 Listed on: 11/03/2011

Premiere Property Group, LLC

Last Buyer's Agent

Chris Bonner

Neighbors Realty License #900200005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,192

Year Built

  • Built in 1992

Parking

  • 12 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 8,902 Sq Ft Home
  • 2-Story Property
  • City Views
  • Crawl Space

Schools

  • Glencoe Elementary School
  • Mt Tabor Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R255358

Community Details

Overview

  • 6 Units
  • North Mt. Tabor Subdivision

Building Details

  • Operating Expense $25,819
  • Gross Income $51,540
  • Net Operating Income $25,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,192

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1992
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: GentleSloping, Level, OnBusline
  • Disclosures: Exempt
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 12.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Glencoe
  • High School: Franklin
  • Middle Or Junior School: Mt Tabor

Lot Info

  • Zoning: R2
  • Parcel #: R255358

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.54
  • Annual Gross Income: 51540.0
  • Property Net Operating Income: 25721.0
  • Annual Operating Expense: 25819.0

Tax Info

  • Tax Annual Amount: 10192.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $1,160,000 -2.5% $523 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $1,190,000 +114.4% $537 / Sq Ft
02/17/2012 02/17/12 Sold $555,000 -6.7% $62 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
11/03/2011 11/03/11 For Sale $595,000 -- $67 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11100522

Regional Multiple Listing Service (RMLS)

APN: 1N2E32CC 00400