1325 NW Flanders St 2 & 3,Portland, OR 97209


Directions: @ NW 13th Ave
 
$4,490,000

Property Details

  • Beds: 5
  • Baths: 0.4
  • 9900 SF
RMLS logo #22282178
Status: Active

Two unique historic Pearl Commercial Condos currently used as office space. Can potentially be used as live/work opportunity. Buyer to confirm with city. Great investment or owner occupied opportunity. 2.5 years remain on 2 very attractive NNN leases. Call for details. Main floor $13,795/mo NNN 2nd floor $10,525/mo NNN. Actual in-place cap rate is 6.2%, factoring 5% vacancy and 5% exterior shell maint. Includes basement but not residential condo on top floor

Kitchen: Dishwasher,Free-Standing Range,Free-Standing Refrigerator


Property

Type: Condominium Style: Live Work Unit Year: 1911 Taxes: $25,327

Neighborhood

County: Multnomah Elementary: Chapman Middle: West Sylvan Lot High: Lincoln

Utilities/Services

Heating: Heat Pump Fuel: Electricity Cooling: Heat Pump Water: Public Water Sewer: Public Sewer

Exterior

Exterior: Brick Roof: Flat Lot: On Busline,Corner Lot,Level

Listing Courtesy of Windermere Realty Trust

Contact: Marissa Sainz

Broker , Earth Advantage Broker
Contact Phone: 503-719-5588

 

RMLS logo - The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM). Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing data is copyright ©2022 RMLS(TM).

This data last updated on 6/29/22 10:29AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

All information provided is deemed reliable but is not guaranteed and should be independently verified.