tomo logo

$725,000

Beds
8
sq ft
Unknown

6210 N Mears St, Portland, OR 97203

6210 N Mears St

Portland, OR 97203

  • 17 days on market
Charming 4-Plex in the Heart of St. Johns - Investment Opportunity!Discover this well-maintained 4-plex situated in the vibrant and sought-after St. Johns neighborhood. This property offers immediate rental income with potential for rent growth.Each unit features 2 bed and 1 bathroom. Each unit boasts spacious layouts, in-unit washer/dryer, and off-street parking for added convenience. Adjacent to city-owned property, enjoy the added privacy and open surroundings. Please respect tenant privacy – offers subject to inspection. An ideal investment opportunity in one of Portland’s most thriving areas.

Details

Property type

Est. home value

$619,967

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$9,073.14

Price History

09/21/2024
PortlandOR

PortlandOR #24142388

Removed
$725,000
09/20/2024
PortlandOR

PortlandOR #24142388

Listed
$725,000
09/19/2024
PortlandOR

PortlandOR #24142388

Listed
$725,000
+26.09%

Schools & Community

Neighborhood: 

St.Johns

Elementary school: 

James John

Middle school: 

George

High school: 

Roosevelt

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$149,635
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$517,365
Cash to seller
$149,635

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

December 2020

Original loan amount

$564,585

Est. remaining balance

$517,365

Interest rate

2.84%

Loan type

FHA, 30 year

Seller

Benjamin Kilfoil and Ellen E Svadlenak

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 9:25 PM

Listing updated: 10/05/2024 at 1:23 AM

Listed by: Rebecca Smith, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24142388

PortlandOR logo

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