304 CERVANTES

Lake Oswego, OR 97035
Square Ft.
4,838
$1,100,000
An updated 4-plex in the heart of Lake Oswego. Includes units 304,306,308,310 Cervantes Cir. Each of the four units has been recently remodeled with modern finishes, hardwood floors, updated kitchens and baths, newer siding, and brand new decks. Nestled in a quiet, tree-lined neighborhood within the desirable Mountain Park community,Read MoreRead Less
Listing courtesy of Real Broker.
Listing Snapshot
Days Online
8
Last Updated
Square Ft.
4,838
Lot Size
0.25 Acres
Year Built
1979
MLS Number
543241185
Property Location Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 4838, Built in 1979, Storage: Deck, Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Cooling
Cooling: CentralAir
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 24192, Operating Expense: $24,192
Exterior Features
Exterior Description: WoodSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 4
Heating
Heating: ForcedAir
Income
CAP Rate: 6.01, Gross Income: $90,300, Gross Rent Multiplier: 12.18, Gross Scheduled Income: $90,300, Net Operating Income: $66,108, Net Scheduled Income: 66108
Lot
Features: GentleSloping, Trees, Size Acres: 0.25, Size Range: SqFt10000to14999, Size Square Feet: 10,890, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, Leases
Parking
Features: Attached, Garage, 8 total parking spots
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: RO
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $16,297, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $2,000, Area: 1260, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,625, Area: 1159, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $2,100, Area: 1260, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 3 total bedroom
Unit Four
Actual Rent: $1,800, Area: 1159, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Gas, Water Source: PublicWater
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Will Fendon
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.