Incredible cash flowing turn-key 4-plex in Clackamas. Completely resided and painted. New roof installed in 2018 along with all windows and doors. Each unit has been renovated with Tile floors, new cabinetry, granite countertops, carpet, paint, etc. Two middle units completely updated with new bathrooms. Actual gross income at about 66k/yr with Pro Forma showing closer to 80k/yr!
Off market
$1,127,300
9001 SE Clackamas Rd, Clackamas, OR 97015
10beds
3,886sqft
MultiFamily
Built in 1975
-- sqft lot
$1,127,300 Zestimate®
$290/sqft
$2,365 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Stove, Wall, Electric, Wood / Pellet
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Locked Storage
- Flooring: Tile, Carpet
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,886 sqft
Property
Parking
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Cement / Concrete
Lot
- Size: 0.33 Acres
- Features: Level, Near Public Transit
Details
- Parcel number: 00473375
- Zoning: HDR
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Clackamas
HOA & financial
Other financial information
- Total actual rent: 4050
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator
- GarageYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- Heating: Zoned, Wood Stove
- NumberOfUnitsTotal: 4
- Roof: Composition
- LotFeatures: Level, Near Public Transit
- LeaseTerm: Month To Month
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Detached, Paved
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: HDR
- PropertyCondition: Updated/Remodeled
- NetOperatingIncome: 46500
- SecurityFeatures: Security Lights
- TotalActualRent: 4050
- ConstructionMaterials: T-111 Siding
- GrossScheduledIncome: 79200
- CapRate: 6.00
- LaundryFeatures: Washer/Dryer Hookup
- InteriorFeatures: Locked Storage
- MlsStatus: Pending
- GrossIncome: 63680
- OperatingExpense: 15022
- Road surface type: Paved
Services availability
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Estimated market value
$1,127,300