Very Walkable

816 SE Cesar E. Chavez BLVD

Portland, OR 97214


$1,695,000

Open House Dates

COMM
10,634 sqft
MLS
18062707
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!! Always rented! Projected Cap rate 6% "Huge price reduction" Seller says bring me your offers!
Photo of Russell Homewood, PC

Presented By

Russell Homewood, PC  

Principal Broker, Licensed in Oregon & Washington

  • Direct 503-906-7139
  • Mobile 503-705-4584
  • Office 503-635-9801
Email Me
Property Details
Price
$1,695,000
Sub Type
Commercial
Square Feet
10,634
Levels
3
Year Built
1911
Acres
0.19
Garage Spaces
10
Lot Square Feet
7,000
Location
County:
Multnomah
Status:
Active
Estimated Taxes:
$17,008
Listing Office:
Weichert, Realtors on Main Street
Listing Last Updated:
November 8, 2018 2:27 PM

 Interior
Interior
Heating
Forced Air
Fuel
Gas
Cooling
Central Air

 Exterior
Exterior
Roof Type
Flat

 Lot & Land
Lot & Land
Acres
0.19
Zoning
CN2
Sewer
Public Sewer
Water
Public
road description
Paved
present use
Office
Retail
Multi-Family


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Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


Listing Courtesy of

Weichert, Realtors on Main Street

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: November 8, 2018 2:27 PM

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