5417 NE 15th Ave - Residential Income FOR SALE


Portland, OR 97211- Vernon
$650,000 USD
503-939-6309
5417 NE 15th Ave, Portland, OR for Sale
$650,000 USD
Residential Income - FOR SALE
1/17
null | Request Cap Rate

5417 NE 15th Ave
Portland, OR 97211
Vernon


OVERVIEW

Many possibilities with this CM2 zoning. Double lot with large classic fixer home and old detached garage. Two bedrooms up stairs, one bedroom in basement, replace, 1 full bath, washer/dryer hookups in basement. Commercial/Mixed Use 2 zone. The Commercial/Mixed Use 2 (CM2) zone is a medium- scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited o-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas. https://www.portland.gov/sites/default/les/code/130-c-zones_0.pdf

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CM2

APN/PARCEL ID

R294853

ASK ABOUT THIS PROPERTY

Crystal BaconCrystal Bacon Real Estate PPG, LLCMore Info
503-939-6309

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Crystal BaconCrystal Bacon Real Estate PPG, LLCMore Info
503-939-6309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.