About 1923 Se Ash St
High income 4-plex with additional rented "carriage house" in the large backyard. Well cared for and professionally managed property in the historic Buckman neighborhood includes spacious units, high ceilings, new windows, hardwood floors and updated electrical & plumbing. This one mixes classic architectural details with modern touches.Fully-fenced yard, basement storage, laundry for additional income. Great unit mix: main building includes three spacious 1/1 units and one 3/2 penthouse with expansive rooftop deck. Carriage house in large yard contains additional 1/1. Walking /biking distance to all cafes, restaurants, shops and bars along Hawthorne, Stark and Belmont, as well as all the action on 28th: Laurelhurst Theater, Whole Foods, Bamboo Sushi, Ken's Pizza, etc. A mile to downtown with easy access via public transport, bike, car, or walking.Buyer to perform their own due diligence and verify all information to their satisfaction. Could be a great opportunity for a 1031 exchange buyer. Seller financing also possible with a 40-50% down payment.
Features of 1923 Se Ash St
MLS® # | 24684021 |
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Price | $1,550,000 |
Units | 5 |
Square Footage | 3,852 |
Acres | 0.13 |
Year Built | 1899 |
Type | Multi Family |
Status | Active |
Community Information
Address | 1923 Se Ash St |
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Area | 142 - Portland Northeast |
Subdivision | BUCKMAN |
City | Portland |
County | Multnomah |
State | OR |
Zip Code | 97214 |
Interior
Heating | Forced Air - 90% |
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Cooling | None |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Basement | Exterior Entry, Full Basement, Storage Space |
Exterior
Exterior | Wood Siding, Hard Concrete Stucco |
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Roof | Composition, Shingle |
Foundation | Concrete Perimeter, Other |
School Information
Elementary | Buckman |
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Middle | Hosford |
High | Cleveland |
Additional Information
Date Listed | May 2nd, 2024 |
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Days on Market | 14 |
Zoning | R2.5 |
Short Sale | No |
RE / Bank Owned | No |
Cap Rate | 4.50 |
Unit 1 Details
Beds | 1 |
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Baths | 1 |
Rent | $1,740 |
Features | Dishwasher, Fireplace, HardwoodFloors, Refrigerator |
Unit 2 Details
Beds | 1 |
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Baths | 1 |
Rent | $1,565 |
Features | Dishwasher, HardwoodFloors, Range, Refrigerator |
Unit 3 Details
Beds | 3 |
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Baths | 2 |
Rent | $2,525 |
Features | Deck, Dishwasher, HardwoodFloors, Refrigerator |
Unit 4 Details
Beds | 1 |
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Baths | 1 |
Rent | $1,475 |
Features | HardwoodFloors, Range, Refrigerator |
Unit 5 Details
Beds | 1 |
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Baths | 1 |
Rent | $1,175 |
Features | Range, Refrigerator |
Listing Details
Office | Element Realty LLC |
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