1325 NW FLANDERS ST 2 & 3, Portland, Multnomah County, OR, 97209 Portland OR US

USD 4,490,000
For Sale MLS: 22282178

Property Details

Bedrooms

5

Bathrooms

4

Neighborhood

The Pearl

Property Type

Residential

Description

Two unique historic Pearl Commercial Condos currently used as office space. Can potentially be used as live/work opportunity. Buyer to confirm with city. Great investment or owner occupied opportunity. 2.5 years remain on 2 very attractive NNN leases. Call for details. Main floor $13,795/mo NNN 2nd floor $10,525/mo NNN. Actual in-place cap rate is 6.2%, factoring 5% vacancy and 5% exterior shell maint. Includes basement but not residential condo on top floor Find out more about this property. Request details here

Location

Address

1325 Northwest Flanders Street, Portland, Oregon 97209, United States

City

Portland

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