INVESTORS! Experienced and novice alike will find value with a 6.99% Cap Rate! 3 updated units feature laminate flooring, new/newer carpet, new/newer appliances, and ample on-site open parking. One 3 bdrm/1 bath single level on the main, one 2 bdrm/1 bath townhouse, one 2 bdrm/1 bath single level up. No Sign. Please DO NOT Disturb Tenants.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
9,000
Year renovated
1972
Sq. Ft.
2,588
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R151516
Parking Spaces
6
Basement
No
Accessible
Yes
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Mar 4, 2023.
CM1
Commercial/Mixed Use 1 Zone
The Commercial/Mixed Use 1 (CM1) zone is a small-scale zone intended for sites in dispersed mixed use nodes within lower density residential areas, as well as on neighborhood corridors and at the edges of neighborhood centers, town centers and regional centers. The zone is also appropriate in core commercial areas of centers in locations where older commercial storefront buildings of 1 to 2 stories are predominant. This zone allows a mix of commercial and residential uses. The size of commercial uses is limited to minimize impacts on surrounding residential areas. Buildings in this zone will generally be up to three stories tall. Development is intended to be pedestrian-oriented and compatible with the scale and characteristics of adjacent residentially zoned areas or low-rise commercial areas.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing
Housing-Group
Educational/school
Park & open space
Sep 19, 2002 • Final
Electrical
Reconnect existing equipment.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.