Bought with Non Rmls Broker
$3,740,000
$3,999,900
6.5%For more information regarding the value of a property, please contact us for a free consultation.
9,695 SqFt
SOLD DATE : 11/08/2024
Key Details
Sold Price $3,740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,695 sqft
Price per Sqft $385
Subdivision South Portland
MLS Listing ID 24029999
Sold Date 11/08/24
Year Built 2024
Annual Tax Amount $13,542
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
Invest in your future with this exceptional opportunity to acquire an impressive new 18-unit apartment building crafted by a trusted local builder. Located in the vibrant South Waterfront district, this property offers unparalleled access to Portland's finest dining, coffee shops, and is just moments from downtown and OHSU. Each unit is meticulously designed with high-end finishes and boasts tall ceilings and an open floor plan that bathes the interiors in natural light. Designer tones complement the stylish aesthetic, and select units feature coveted covered patios or balconies for outdoor enjoyment. Inside, custom cabinetry, stainless-steel appliances, and convenient stackable washer/dryer units ensure modern comfort and convenience. Residents will appreciate additional amenities such as bike storage and a dedicated trash area, enhancing the appeal of this prime investment opportunity. With a 1-year builder warranty included for peace of mind, this property represents a secure and attractive addition to any investment portfolio. Don't miss out on this chance to own a premier apartment complex in one of Portland's most sought-after locations.
Location
State OR
County Multnomah
Area _148
Zoning RM3
Interior
Heating Zoned
Cooling Mini Split
Exterior
View City, Trees Woods
Roof Type Metal
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 4
Schools
Elementary Schools Capitol Hill
Middle Schools Jackson
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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