6045 NE Flanders STPortland, OR97213
$1,300,000
4 total units
$98,400 annual income
Capitilization Rate: 5.91
4774 sq. ft
SqFt5000to6999
Elementary School: Glencoe
Middle School: Mt Tabor
High School: Franklin
Zoning: RM2
1392 days on market
TourVestorFilter™
Price per unit$325K/unit
Price per ft²$272.31/ft²
Recent price drop$100,000
Time on market1392 days
Property Description
Calling all investors - The Flanders Condo is a fully-stabilized project centrally-located in the thriving North Tabor neighborhood, with easy access to I-84 & downtown Portland. Completed in 2020 this 3-story townhouse style property features 4 units all leased with a wait list. Offering highly desirable floor plans, premium fixtures, high-end appliances, including W/D, the project has established itself quickly as an up-scale community evidenced by its desirability & top-of-the-market rents.
{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC
Financial Data
Date Sold2020-12-22
Sold Price$1,300,000
Price ChangeDropped $100,000 on 04/26/2023
Total $200,000 drop
Total $200,000 drop
Original Price$1,500,000
Current Price$1,300,000
Property Taxes$1
Find On Map
Home Facts
StatusSold
Year Built2020
Exterior Features
MLS ID20106341
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
