Nice 4 plex in a quiet neighborhood with quick freeway access. 2 blocks from a riverside park. Shopping, restaurants and bus stop in close proximity. All units are currently occupied w/ fenced common lawn and garden area. Decks/patios. 2 of the units have been recently updated. Possible 5th unit/ADA potential. Buyer due diligence. Laundry is onsite.
View full listing details| Price: | $850,000 |
| Address: | 345 W ARLINGTON ST |
| City: | Gladstone |
| County: | Clackamas |
| State: | Oregon |
| MLS: | 23029284 |
| capRate: | 5.21 |
| storage: | Attached, Locked |
| taxYear: | 2022 |
| directions: | 99E to Arlington |
| highSchool: | Gladstone |
| disclosures: | Disclosure |
| grossIncome: | 61620 |
| listingTerms: | Cash, Conventional |
| lotSizeRange: | 5, 000 to 6, 999 SqFt |
| rentIncludes: | Sewer, Trash Collection, Water |
| unitTypeType: | 1, 2, 3, 4 |
| unitType1Area: | 800 |
| unitType2Area: | 800 |
| unitType3Area: | 800 |
| unitType4Area: | 800 |
| fuelDescription: | Electricity |
| roadSurfaceType: | Paved |
| taxAnnualAmount: | 6217.99 |
| elementarySchool: | John Wetten |
| operatingExpense: | 17304 |
| propertyCondition: | Approximately |
| unitType1Features: | Range, Refrigerator |
| unitType2Features: | Deck, Range, Refrigerator |
| unitType3Features: | Range, Refrigerator |
| unitType4Features: | Deck, Range, Refrigerator |
| netOperatingIncome: | 44315 |
| netScheduledIncome: | 44315 |
| unitType1BedsTotal: | 2 |
| unitType2BedsTotal: | 2 |
| unitType3BedsTotal: | 2 |
| unitType4BedsTotal: | 2 |
| exteriorDescription: | Wood Siding |
| grossRentMultiplier: | 13.79 |
| hotWaterDescription: | Electricity |
| unitType1ActualRent: | 1250 |
| unitType1BathsTotal: | 1 |
| unitType1UnitsTotal: | 1 |
| unitType2ActualRent: | 1325 |
| unitType2BathsTotal: | 1 |
| unitType2UnitsTotal: | 1 |
| unitType3ActualRent: | 1325 |
| unitType3BathsTotal: | 1 |
| unitType3UnitsTotal: | 1 |
| unitType4ActualRent: | 1300 |
| unitType4BathsTotal: | 1 |
| unitType4UnitsTotal: | 1 |
| grossScheduledIncome: | 63600 |
| middleOrJuniorSchool: | Kraxberger |
| currentPriceForStatus: | 850000 |
| operatingExpenseScheduled: | 15000 |
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