$1,100,000 Price Analysis    ♡   Portland, OR 97205 12 bed 5 bath 5,079 SqFt ($216/SqFt) 6,098SqFt lot. Built 1896 Listed 2024-03-05 | Ⓧ USDA Ineligible due to price & location near Portland |
2024 is the year to level up.
Hve / want a business? Buy the building! Live/work in an awesome location nestled among other historic homes. This prime investment boasts 12 units (2 residential and 10 commercial), a strategic location with stunning views of Downtown, coupled with the convenience of off-street parking. Enjoy the charm of the surrounding neighborhood, a brief walk away from the vibrant shops a nd restaurants along NW 21st and 23rd in Nob Hill. The property has undergone extensive renovations both inside and out, ensuring a turnkey investment with potential for additional value.
Please refrain from disturbing the current tenants and check out the virtual tour. For a comprehensive overview of projected income and expenses, an income/expense sheet is available upon request. Don't miss out on this unique opportunity to invest in a meticulously maintained property in a sought-after location that continues to increase in value. Bring your creative ideas to capitalize on the ideal location. Seller will consider carrying fi nancing for well-qualifi ed buyers putting in a strong offer with 50% down.
Presented by KC Roland at
Portland Works Real Estate.
Property MLS #24580511 from RMLS
Bedroom 2 Level: Lower
Bedroom 2 Features: Bathroom, Kitchen
Full Bathrooms: 2
1/2 Bathrooms: 3
Bathrooms On Main Level: 0.3
Half Bathrooms On Main Level: 3
Bathrooms On Lower Level: 1.0
Full Bathrooms On Lower Level: 1
Bathrooms On Upper Level: 1.0
Full Bathrooms On Upper Level: 1
Laundry
TileFloor
VaultedCeiling
WalltoWallCarpet
WasherDryer
WoodFloors
Window Features: WoodFrames
Fireplace Features: WoodBurning
Heating Features: ForcedAir
Heating: Yes
Number of Fireplaces: 2
Water Heaters: Electricity
Basement Description: Finished
Road Surface Type: Paved
Lot Size Acres: 0.1399908
Lot Size Square Feet: 6098
Security Features: SecurityLights, SecuritySystemOwned
High School: Lincoln
Middle School: West Sylvan
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 16195.04000000
Source Listing Status: Active
County: Multnomah
Directions: Burnside (W of 21st one block) turn north on King toproperty
Tax Year: 2023
Source Property Type: Residential
Parcel Number: R316761
Zoning: RM4
Property Subtype: SingleFamilyResidence
Source System Name: C2C
$1,100,000
RMLS
Price Changed 2024-05-22
$1,150,000
RMLS
Listed 2024-03-05
$1,200,000
RMLS
Listing removed 2024-02-24
$1,250,000
RMLS
Price Changed 2024-01-25
$1,250,000
RMLS
Price Changed 2024-01-20
$1,300,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-11-17
$1,300,000
RMLS
Building Area Total: 5079
Building Exterior Type: LapSiding
Property Age: 128
Property Condition: UpdatedRemodeled
Levels or Stories: 4
House Style: FourSquare
Total Area Lower: 1360
Total Area Main: 1527
Total Area Upper: 2192
Architectural Style: FourSquare
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.