4124 N Michigan Ave
Portland, OR 97217
$3,147,900
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10 Beds
-
11 Baths
-
8,859 SqFt
-
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Investors 3 modern townhomes w/luxury finishes in highly desirable NoPo neighborhood. Walk to Mississippi shops/cafes/restaurants. Sleek cabinetry, H/W floors, gourmet kitchen. Top level features a family rm,full bath,kitchenette & roof top deck w/stunning city view. Each townhome has 2 rentable units (est rents): main house 3/3.1 w/rooftop deck 3,500/mo plus a ground level ADU. 4128 ADU 2/1 1,900/mo. 4124 & 4130 ADUs 2/2 2,300/mo OR potentially 2 leasable areas total 3,700/mo. Buyer to verify
- Price:
- $3,147,900
- Bedrooms:
- 10
- Square Footage:
- 8,859
- Acreage:
- n/a
- Year Built:
- 2021
- MLS #:
- 20668445
- Street Address:
- 4124 N Michigan Ave
- City:
- Portland
- State:
- OR
- Postal Code:
- 97217
- County:
- Multnomah
- Area:
- Portland North
- Subdivision:
- Boise
- Listing Status:
- For Sale - Active
Building
- Basement Description:
- Finished, Separate Living Quarters/
Apartment/ Aux Living Unit
- Building Condition:
- Under Construction
- Siding:
- Lap Siding, Cement Siding
- Stories:
- 4
- Total Building Square Footage:
- 8859
- Type Of Roof:
- Flat
- Unit 1 - Square Footage Available:
- 2282
- Unit 1 - Square Footage Available:
- 707
- Unit 1 Monthly Rent:
- 3500
- Unit 2 - Square Footage Available:
- 2174
- Unit 2 Monthly Rent:
- 3500
- Unit 3 Monthly Rent:
- 2300
- Unit 4 - Square Footage Available:
- 707
- Unit 4 Monthly Rent:
- 1900
- Unit Features:
- Deck, Dishwasher, Range, Refrigerator, Washer/
Dryer Hookup
- Unit1 Bathrooms:
- 4
- Unit1 Bedrooms:
- 3
- Unit1 Features:
- Deck, Dishwasher, Range, Refrigerator
- Unit2 Bathrooms:
- 4
- Unit2 Bedrooms:
- 3
- Unit2 Features:
- Deck, Dishwasher, Range, Refrigerator
- Unit3 Bathrooms:
- 2
- Unit3 Bedrooms:
- 2
- Unit3 Features:
- Dishwasher, Range, Washer/
Dryer Hookup
- Unit4 Bathrooms:
- 1
- Unit4 Bedrooms:
- 2
- Unit4 Features:
- Dishwasher, Range, Washer/
Dryer Hookup
- View:
- City
- Year Built:
- 2021
Business
- Adjusted Gross Income:
- 204000
- Net Operating Income:
- 163200
Land
- Conforms To Zoning:
- Rm1
- Lot Size:
- 5, 000 To 6, 999 Sqft
- Road Surface:
- Paved
Listing
- Legal Description:
- Partition Plat 2016-73, Lot 1, Lot 2 & Lot 3
- List Date:
- 2020-09-18
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Terms:
- Cash, Conventional
Money
- Property Taxes:
- $1
Structures
- Parking Description:
- Assigned
Systems
- Heating Description:
- Mini Split
- Heating Fuel:
- Electricity
- Sewage Type:
- Public Sewer
- Water Heater:
- Electricity, Tankless
Water
- Water Amenities:
- Public
Source
-
Listing Provided By Premiere Property Group
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 1/27/2021 7:15 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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