Investors take notice - All units occupied generating instant income. 3-plex rental rates Unit 1 $725, Unit 2 $650, Unit 3 $600. Nice block in Portland area. Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, foundations, environmental concerns, zoning and intended uses, etc. Seller will consider owner financing or "Contract for Deed" (see terms below). Sell Price - $135,000.00 Down Payment 12% - $16,200 Due at Closing Interest Rate 8-10% Loan Term Negotiable - 5-7 year Balloon at 30 yr amortization, monthly P and I, buyer responsible for all taxes, insurance, repairs, maintenance, vacancies, etc. Owner will retain policy with buyer as additional insured. Note all utilities paid by owner/buyer. Currently there are (3) electric meters but it is not separate, only (1) gas meter. There is (1) HAVC and (1) water heater that all units share. Has been working since 2018 when seller purchased and long before that. Has capability of separating but will need to do HVAC and Plumbing work to achieve.
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