4331 NE KILLINGSWORTH ST Portland, OR 97218
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Price:
$2,100,000
Ft²:
6520
MLS#:
335570176
Lot Size:
20,000 SqFt to .99 Acres
Zone:
CN11
County:
Multnomah
Style:
1 Story
Yr Built:
1971
Status:
Active
Levels:
1
Heat:
Forced Air
Roof:
Flat
Area:
Portland Northeast
Courtesy of:
Modern Realty
Remarks:
In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.
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