1115 1117 N Beech ST new

Portland,OR 97227

$ 895000

- Bed

- Bath

3146 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,146 sqft

Price per Sqft $284

Subdivision Boise

MLS Listing ID 190351402

Year Built 1909

Annual Tax Amount $3,106

Tax Year 2024

Property Description

Turn-key investment PLUS future development opportunity in the so-cool-it's-HOT N MISSISSIPPI neighborhood! Broad, inviting front porch welcomes residents & guests, while the vintage woodwork columns & interior built-ins will charm your socks off! Updated systems throughout are an owner/tenant win-win. Excellent rental history, and low-turnover for the last 20+ years. Each unit has 3 bedrooms + 1 bath. Updated kitchens & baths, wall insulation, double-pane windows & mini-split HVAC for heating and cooling = happy tenants year-round. Exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential. 2 blocks west of a thriving, diverse commercial district, containing event spaces, shopping, dining and services. 2 blocks south of a Pedestrian Bridge that crosses into Overlook - MAX line, more parks, dining, etc. Easy access in all directions to parks, libraries, transit & freeways. 9 min drive to Downtown PDX. RM1 zoned, 9,000 SF corner lot has INCREDIBLE DEVELOPMENT POTENTIAL -- check out Lot/Land listing #317438603. Builder's Packet available upon request. Buyer to do their due diligence. Tenant Occupied -- PLEASE DO NOT DISTURB.

Location

State OR

County Multnomah

Community Alllandscaping,Laundry

Area _141

Zoning RM1

Interior

Heating Ductless, Mini Split, Wall Heater

Cooling Mini Split

Exterior

Community Features AllLandscaping,Laundry

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Roof Type Composition

Building

Lot Description Corner Lot, Cul_de_sac, Level, Public Road

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Boise-Eliot

Middle Schools Harriet Tubman

High Schools Jefferson

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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