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Listed by J Residential Properties
$1,199,000
Est. payment /mo
1,196 SqFt
Active
501 NE BRIDGETON RD Portland, OR 97211
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UPDATED:
08/05/2024 07:15 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,196 sqft
Price per Sqft $1,002
MLS Listing ID 23432761
Year Built 1956
Annual Tax Amount $11,508
Tax Year 2023
Lot Size 1.230 Acres
Property Description
DO NOT DISTURB TENANTS OR ENTER MARINA WITHOUT LISTING AGENT: Sale includes tax parcels: P652253 & R314262. On Land: 616 sq. ft., 1 level, 1 bedroom/1 bathroom apartment with Columbia River views. 520 sq. ft. workshop, garage & storage. 31 paved, assigned parking spaces. On River: rented slips to 7 floating homes. 17 boat slips. Land & water: approx 1.23 acres.Rent increase opportunity 2/28/24. Electricity is separately metered or sub-metered. Water, sewer & garbage are included in rent. All tenants month to month. Lots of information available for review. Excellent income opportunity with room for expansion in the water. Rare submerged land ownership negating the need for a DSL lease saving the owner thousands. Located on the Columbia River Slough surrounded by neighboring marinas and yacht clubs. Minutes to freeways, airport, DT Portland and Vancouver, WA. All information to be deemed accurate at the time of input but may vary due nature and type of investment. Income numbers are approximate due to a few current end of year vacancies. Considered actual if fully occupied. Apartment currently vacant.
Location
State OR
County Multnomah
Area _142
Zoning CE
Interior
Heating Baseboard
Cooling None
Equipment SmokeDetector
Exterior
Waterfront Description RiverFront
View River
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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