501 NE BRIDGETON RD Active

Portland,OR 97211

$ 1199000

- Bed

- Bath

1196 SqFt


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 Yes

Waterfront Description RiverFront

View River

Roof Type Composition

Parking Type Assigned, On Site

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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