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"Bridging the Real Estate gap with uncompromising integrity, professionalism and commitment to community"


Every week I tour new listings all over the city of Portland, everything from multi-family, fixers, view properties to Portland's finest luxury properties. As a result of my "hitting the pavement", I've selected the "Best In Show". Best value, best location or possibly best lifestyle for you! I hope you will find this weekly email a value if not merely a real estate escape. Possibly your future home or investment? Please call me if I can assist you with the highlighted property or any other real estate needs you may have.

 

8676 N WILLAMETTE BLVD
8672 N WILLAMETTE BLVD
6906 N PHILADELPHIA AVE
6920 N PHILADELPHIA AVE

MLS #15155605, 15351295, 15148929, 15552545

Back in 2008, before the “knock ‘em down and put up bigger” movement, this established 20 unit apartment complex went through a complete transformation and became became Cathedral View Condominiums. This condo conversion included exterior improvements like paving the parking lot to interior upgrades like bamboo flooring and carpeting. Everyone’s favorite room, the kitchen, was upgraded with granite counters, stainless appliances and warm wood cabinetry; laundry and bathroom redos, too. Today there are 4 condo units for sale.
 
These updated, single level, 690-734 sq. ft. condos offer 2 bedrooms, 1 bathroom, and almost just as good – a cozy fireplace and off street parking! Monthly HOA fees are low at $165. The units rent for approximately $1050, but could feasibly go to $1300-1400 for the investor looking for cash flow property. Only a mile away from the University of Portland, yours could be the perfect rental! Perhaps you even have a student at University of Portland and tired of the incredible rents and want to make an investment that may even help payoff some of those college loans down the road.
 
This location is hard to beat for the price. Lifestyle amenities allow you a short walk to downtown St. Johns for a favorite bistro or pizza parlor, or play and relax just across the street at Cathedral Park. For the bike enthusiast – bike routes galore; for your urban, hipster side, jump on the St. Johns Bridge and bam you are on NW 23rd in barely 10 minutes.

Each of the four units are available and priced at $150,000. A package of four units is available at a discounted price for the investor. Taxes on each condo unit run approximately are $1300-$1630, depending on the unit.

I’d love to help you with an opportunity. If you're interested, call me for a tour or to make an offer at 503-329-7209; or visit my website to learn more about this or other neighborhoods you are curious about.




 

Jan Stranski
Broker


Jan Stranski
Real Estate Broker
(503) 329-7209
Email: stranski@windermere.com
Web Site: www.stranski.com


Windermere Realty Group, Inc.
825 NE Multnomah St., Ste. 120
Portland, OR 97232
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