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  • $165,000

    20 NW 16th Ave APT 210, Portland, OR 97209

    --beds
    394sqft
    Residential, Condominium
    Built in 1927
    -- sqft lot
    $163,300 Zestimate®
    $419/sqft
    $455/mo HOA

    What's special

    Uncover a piece of history nestled in the heart of Portland's vibrant Pearl District. This charming, second-floor studio at the Empress Condominiums is an urbanite's dream. Sunlit & serene, the 394 sq. ft. home boasts original hardwood floors & vintage tiling. The full-size stacked washer & dryer, storage unit, & bike storage add to its practical appeal. Picture yourself gazing at the stunning West Hills from your window, as the city bustles below. With a walk score of 99, your doorstep opens to NW23rd, Downtown, iconic Powell's books, PSU, & gourmet groceries at Whole Foods. Savvy investors will recognize the possible 8% cap rate (similar unit in complex achieved) & the absence of a rental cap, making this an enticing investment. A charming abode or lucrative pied-à-terre, this studio is a golden opportunity in Portland's real estate market. This complex has been Seismically retrofitted! Many 100 year old complexes in Portland have not.

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2023 at 11:54am

    Listed by:

    Lyndon Hansen 503-899-9071,

    Keller Williams Realty Professionals

    Bought with:

    Lyndon Hansen, 200312071

    Keller Williams Realty Professionals

    Source: RMLS (OR),MLS#: 23633201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Heating
    • Zoned
    Cooling
    • None
    Appliances
    • Included: Built In Oven, Cooktop, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
    • Laundry: Hookup Available, Laundry Room
    Features
    • Soaking Tub, Tile
    • Flooring: Hardwood
    • Windows: Double Pane Windows, Wood Frames
    • Basement: Storage Space
    Interior area
    • Total structure area: 394
    • Total interior livable area: 394 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Approachwith Ramp, Accessible Elevator Installed, Accessible Entrance, Ground Level, Accessibility
    Features
    • Stories: 1
    • Entry location: Upper Floor
    • Has view: Yes
    • View description: Mountain(s), Seasonal, Trees/Woods
    Lot
    • Features: On Busline
    Details
    • Parcel number: R592005

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Residential, Condominium
    Materials
    • Brick, Hard Concrete Stucco
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Satellite Internet Service

    Community & neighborhood

    Security
    • Security features: Entry, Fire Escape, Fire Sprinkler System
    Community
    • Community features: Condo Elevator
    Location
    • Region: Portland
    • Subdivision: The Empress

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $455 monthly
    • Amenities included: Management, Sewer, Trash

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Concrete, Paved
    Services availability
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    Estimated market value

    $163,300