5525 E BURNSIDE ST new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97215
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $299
Subdivision Mt. Tabor
MLS Listing ID 674008319
Year Built 1890
Annual Tax Amount $4,417
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
This exceptionally charming Victorian office building is perfect for your business! The warm and inviting lobby features original unpainted millwork, architectural glass, and vintage light fixtures and is a fantastic way to welcome clients. The communal common space offers a welcome desk, kitchenette, relaxing lounge area, and ADA compliant bathroom and is an excellent training or group gathering space. There are two private offices on the first floor, and three more upstairs: one of which has a gas fireplace and separate lounge and workspaces. A second full bathroom, off-street parking, and beautifully landscaped backyard- with retractable awning and wiring for electrical heat- are lovely touches that increase the rentability of the space. This property has been meticulously cared for through the years, and the maintenance shows. Each office is leased by individual long term tenants who are happy to stay on: enjoy a ready-made cash flowing investment property, take over one of the offices and have tenants pay most of your expenses, or move into the whole building and run your dream business from this creative, historic property. There is even potential for a live/work space here: the opportunities are endless!
Location
State OR
County Multnomah
Area _142
Zoning CM2
Rooms
Basement Dirt Floor, Partial Basement, Unfinished
Interior
Heating Forced Air, Heat Pump
Cooling Heat Pump
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level, Trees
Story 3
Foundation Other
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Glencoe
Middle Schools Mt Tabor
High Schools Franklin
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Virtual Tour https://my.matterport.com/show/?m=USFsKr61JY3&mls=1