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Tom Wilser, Principal Broker
Licensed in the State of Oregon  with Premier Property Group, LLC
5000 Meadows Road

Lake Oswego, OR 97035
503-422-6321

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Tom Wilser, Managing Broker
Licensed in the State of Washington  with Premier Property Group, LLC
311 W 11st St
Vancouver, WA 98660

360-608-8003

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Listing 6 out of 237
$849,900 Pending

248 Cervantes
Lake Oswego, OR 97035

4 units | Multi Family Home - MLS# 18146636
Property Photo
1/15

Description

Fantastic 4plex, all units are spacious 2 bed/2Bath set-up.Desirable Mt. Park area in LO.GREAT RENTAL HISTORY.Tenants pay all utilities.Units incl washer & dryer, expansive back deck over looking green space, range, refrigerator, window coverings, disposal, fireplace, and garage.Sellers have been diligent about regular maintenance-fresh ext paint. HOA fee provides tenants access to Mt Park Rec Ctr & Pool.Buyer to perform due diligence.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Multnomah County
  • Zip Code: 97035
  • Year Built: 1980
  • Subdivision/Neighborhood: Mountain Park
  • Elementary School: Markham
  • Middle School: Jackson
  • High School: Wilson
  • Sq.Ft.: 5,780 sq ft
  • Units: 4 units
  • Lot Size: 10, 000 To 14, 999 Sqft
  • View: Trees/Woods Yes
  • Zoning: Multi
  • Area: Lake Oswego, West Linn
  • CC And R: Yes
  • Common Amenities: Pool, Recreation Facilities, Basketball Court
  • Exterior: Wood Siding
  • Fuel: Electricity
  • Gross Income Actual: 68400
  • Gross Income Projected: 69000
  • Gross Rent Multiplier: 12.43
  • Heating: Baseboard
  • Limited Representation: Full Service
  • Lot: Private, Trees
  • Net Income Actual: 52182
  • Net Income Projected: 53000
  • Occupancy Types: Leased, Month To Month
  • Operating Expenses Actual: 19389
  • Operating Expenses Projected: 16000
  • Parking: Garage
  • Roof Type: Tile
  • Sewer: Public Sewer
  • Storage: Garage(S)
  • Tax Amount: 10422.51
  • Terms: Cash, Conventional
  • Unit Features: Dishwasher, Fireplace, Range, Washer/Dryer
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Fireplace, Range, Washer/Dryer
  • Unit Type 1 Sq Ft: 1160
  • Unit Type 1 Units Total: 2
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Fireplace, Range, Washer/Dryer
  • Unit Type 2 Sq Ft: 1160
  • Unit Type 2 Units Total: 2
  • Water: Public
Courtesy of John L. Scott


Tom Wilser | 503-422-6321 | Contact Us 
5000 Meadows Road - Lake Oswego, OR 97035
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