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4014 SE Holgate Blvd, Portland, OR 97202

Property Status: Available (Wholesale) | For Sale: $400,000.00


8 Bedrooms / 4 Baths / Multiple Family


HOT OFF MARKET FLIP - 4 Plex- Inner SE Portland - $400k OBO


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $400,000.00
Property Details:
8 Bedrooms / 4 Baths / Multiple Family
Property Style:
Four-Plex
Finished Sq Ft:
3,286
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
SALE PRICE: $400,000 OBO REPAIRS: $350,000 ARV: $1,100,000 BEDS: 8 BATH: 4 SqFt: 3286 Year Built: 1986 Lot Sqft: 4,791 IMPORTANT DATES: Walk Through: ASAP Offers Due: ASAP Description: Turnkey w/plans and city approvals done ready for rehab 4-Plex development in SE Portland.This is single family residence with engineer stamped architect plans to convert it into a 4-Unit Multifamily building. This is located in one of the hottest spots for multi family properties in SE Portland in the Holgate & Chavez Blvd Area. You can stand in front of this property and look either way down the street and see multiple projects currently being developed that follow very similar plans. The 4 units are going to be between 2 units at 837 sqft each unit and 2 units at 806 sqft each, totaling 3286 sqft for the whole building. Each unit is a 2 bedroom 1 full bathroom. The market rents for these units based on new finishes and area run at the low $1,400/month to high $1,600 a month each, or totaling about $5,500 - $6,400 each month in rental income. Please see cash flow worksheet for Now if you are looking for a flip, you can pull a nice $250k - $300k in profit, OR get it as instant equity and hold on to it as a long term cash flow rental property. PICS https://drive.google.com/drive/folders/1kwu4XcJMZmcjI5qnEp-OpkNWMDKljwBe DOCS https://drive.google.com/drive/folders/1UkUP2lJrIa139kLZcSGS36LLRyBR_I_Z COMPS https://drive.google.com/file/d/1URc8lkf0B_sQKIc-ATr1R83W66sNIVJ3/view FINANCIALS https://drive.google.com/drive/folders/1eIjPPPjb_1kk7WcHgdPzYU0bDgxa0LM_ ALL ESTIMATES SHOWN HEREIN ARE SIMPLY ESTIMATES AND ARE NOT GUARANTEED. PLEASE CONDUCT YOUR OWN DUE DILIGENCE. TEXT/CALL PALMER 503-877-3182

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Oregon Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Oregon Real Estate Investors Association

1430 Willamette Street #103
Eugene, OR 97401
(541) 393-2508

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