$ 975,000
7427 N LOMBARD ST Portland, OR 97203
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Listed by Living Room Realty
$ 975,000
Est. payment | /mo
2,502 SqFt
$ 975,000
Est. payment | /mo
2,502 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,502 sqft
Price per Sqft $389
MLS Listing ID 24024640
Year Built 2000
Annual Tax Amount $3,999
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Great St. Johns location, this listing includes 2 buildings, 7427 and 7429 N Lombard, on one tax lot. There are 4 units total: two have 5 year leases (Unit A of 7427 and chiropractic office in 7429) and two are vacant (Unit B, Projected Rent $1,500 to $1,800 includes Water ,Sewer Washer ,Dryer and Electricity ,and Unit C projected rent $1,100 includes Water,Sewer,Electricity Unit A rents for $920.00 per Month)7429 N Lombard rents for $1,695 per Month,7427 N Lombard: 1800 sq ft, built in 2000, sewer, electrical and water line replaced in 2012. Units A and C have ADA restrooms.7429 N Lombard: 702 sq ft, built in 2015, connected to the sewer/water of 7427. Includes one unit which has an ADA restroom. All units have separate electrical panels . Seller pays Electrical on 7427 N Lombard Tenant pays Electricity 7427 N Lombard has One Main Panel on 7429 N Lombard Seller to perform 1031 tax exchange at no cost to buyer. **Please do not disturb tenants**Seller is motivated!**
Location
State OR
County Multnomah
Area _141
Zoning CM2
Interior
Heating Baseboard, Mini Split
Cooling Mini Split
Equipment SmokeDetector
Exterior
Roof Type Composition
Parking Type On Site, On Street
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Don Johnson, PC
Principal Broker | Lic# 910900068