$1,100,000
MLS#: 1601679
- Type: Multi-family
- Lot Size: 0.16 Acres
- Year Built: 1899
- Square Feet: 2,469
Property Details
This Munjoy Hill 3-unit with water views sits on a large corner lot with additional development potential. The first two floors are currently vacant allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical small bedrooms and baths up to modern layouts to match the level of the property's spectacular location. The expansive yard has been used for gardening, hosting seasonal holiday parties, and simply as a quiet outdoor area. Developers will see the land for its expansion potential - the lot appears to allow for up to 10 units per the density of the R6 zoning. Notes: 1) Units can be combined. 2) Portland's rent control price restrictions do not apply to owner occupied 2-4 unit properties.
Property Listed by: Vitalius Real Estate Group, LLC
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
2469
Land Features
Electric:
Circuit Breakers
Water Frontage:
Bay, Ocean
Map (approximate)
