7427 N LOMBARD ST Active

Portland,OR 97203

$ 975000

- Bed

- Bath

2502 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,502 sqft

Price per Sqft $389

MLS Listing ID 24024640

Year Built 2000

Annual Tax Amount $3,999

Tax Year 2024

Lot Size 6,534 Sqft

Property Description

Great St. Johns location, this listing includes 2 buildings, 7427 and 7429 N Lombard, on one tax lot. There are 4 units total: two have 5 year leases (Unit A of 7427 and chiropractic office in 7429) and two are vacant (Unit B, Projected Rent $1,500 to $1,800 includes Water ,Sewer Washer ,Dryer and Electricity ,and Unit C projected rent $1,100 includes Water,Sewer,Electricity Unit A rents for $920.00 per Month)7429 N Lombard rents for $1,695 per Month,7427 N Lombard: 1800 sq ft, built in 2000, sewer, electrical and water line replaced in 2012. Units A and C have ADA restrooms.7429 N Lombard: 702 sq ft, built in 2015, connected to the sewer/water of 7427. Includes one unit which has an ADA restroom. All units have separate electrical panels . Seller pays Electrical on 7427 N Lombard Tenant pays Electricity 7427 N Lombard has One Main Panel on 7429 N Lombard Seller to perform 1031 tax exchange at no cost to buyer. **Please do not disturb tenants**Seller is motivated!**

Location

State OR

County Multnomah

Area _141

Zoning CM2

Interior

Heating Baseboard, Mini Split

Cooling Mini Split

Equipment SmokeDetector

Exterior

Roof Type Composition

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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