Property Description

Great Investment! Mixed use Residential / Commercial. Invest Smart. Live Well. Own a Turn-Key Income Producer. This well-maintained 1-unit apartment building and a commercial space. Offers an exceptional investment opportunity with built-in income and future upside. The property includes One upper 1-bedroom, 1-bath apartments that was fully remodeled in the summer of 2025. Updates included new flooring, fresh paint, completely renovated kitchens, new range and refrigerator, under-cabinet microwaves, updated bathroom, new electric breaker boxes, a new meter base, and upgraded electric service. The lower unit is a commercial space underwent a complete renovation in Summer 2025. Major exterior improvements add long-term value and peace of mind, including new siding, lower windows, and doors installed in 2025, followed by a new roof and new gutters in 2025. Operating expenses include water, insurance, taxes, Property Mgmt. This is a rare opportunity to own a solid, cash-flowing property with flexibility for future growth—schedule your private showing today and be sure to view the floor plans to see the full potential. Part of the St Anne's Hill Historic District, just east of the Oregon DistrictLower level is commercial and rented on a 2 year lease at $1600 month. The upper level is a one Bedroom apartment (vacant) that should rent between $800-$900. (Total $2500 monthly)

Property Features

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