3123 SE 31st Ave, Portland, OR 97202

Beautiful 3 unit building in Richmond that has not changed hands often since 1980. Was owner occupied until 2021. Updated Roof, separate electrical meters, and all units on shared w/s/g. Shared yard and grand entrance, grand porch, and attached garage rented to unit C. Rents are current and rent increases are out to residents. Uploaded reports are actual cash flow reports for last 3.5 years. Another decade of records available. Unit B receives a $65/mo credit for a portion of their gas line and electric feeding a small portion of C (there is one vent that pumps heat into C). Listing agent has managed property since 2011 so plenty of context available. Record rich - owner will pass on a box of prior history/records. Tank decommissioned in place by Alpha Environmental.