Recent condo conversion complete, 6 residential and 4 commercial condos, major upside if sold individually. HOA established. Unique opportunity to own a commercial/Residential building in one of the most desirable parts of Portland. On site parking. Look at the Cap Rate!! Good upside to rents! Always rented! Projected Cap rate 6% "Huge price reduction" Seller says bring me your offers!
Off market
$1,819,680
816 SE Cesar E Chavez Blvd, Portland, OR 97214
6beds
10,634sqft
MultiFamily
Built in 1911
-- sqft lot
$-- Zestimate®
$171/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher
Features
- Disposal, Air Conditioning
- Basement: Partially finished
Interior area
- Total interior livable area: 10,634 sqft
Property
Parking
- Total spaces: 20
- Details: Assigned
Features
- Has view: Yes
- View description: City
Lot
- Size: 9,997 sqft
- Features: Level, Corner Lot
Details
- Parcel number: 1S1E01AA0660001
- Zoning: CN2
- Special conditions: HUD Owned
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Built-up
Condition
- Year built: 1911
- Major remodel year: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- GarageYN: true
- BuildingAreaUnits: Square Feet
- ExteriorFeatures: Individual Storage Units
- LivingAreaUnits: Square Feet
- HeatingYN: true
- CoolingYN: true
- Roof: Flat
- NumberOfUnitsTotal: 10
- CurrentFinancing: Conventional, Cash
- StoriesTotal: 2
- LotFeatures: Level, Corner Lot
- NumberOfUnitsInCommunity: 10
- LotSizeUnits: Acres
- ParkingFeatures: Assigned
- OtherParking: Assigned
- Zoning: CN2
- YearBuiltEffective: 1911
- StructureType: undefined
- InteriorFeatures: Disposal, Air Conditioning
- SpecialListingConditions: HUD Owned
- Utilities: Trash Collection
- ViewYN: Yes
- CapRate: 5.67
- GrossIncome: 142020
- GrossScheduledIncome: 150600
- OperatingExpense: 45901
- YearBuiltDetails: Converted
Services availability

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