Very Walkable

1775 N LOMBARD ST

Portland, OR 97217


$3,924,000

Open House Dates

MULTIFAMILY
10,284 sqft
MLS
17440494
Brand new, condo-quality bldg with solid investment benchmarks. Rapid lease-up with no concessions shows high renter demand. Located in Historic Kenton along 99W/North Interstate corridor near N Lombard MAX station. This asset is positioned to capitalize on N. PDX's rapid redevelopment and jobs/population growth.All 18 1x1 (avg. 568 SF) include Stainless appliances, quartz Counter-tops, cherry cabinets,W/D, private patio/deck.
Photo of Mike Hall

Presented By

Mike Hall  

Principal Broker, Licensed in Oregon

  • Direct 503-624-8500
  • Mobile 503-341-5915
  • Office 503-635-9801
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Property Details
Price
$3,924,000
Square Feet
10,284
Levels
3
Year Built
2017
No. Units
18
Location
Subdivision:
Kenton
County:
Multnomah
Status:
Pending
Estimated Taxes:
$25,000
Listing Office:
Real Pro NW.com
Listing Last Updated:
November 7, 2017 3:24 PM

 Interior
Interior
Heating
Forced Air
Fuel
Electricity
Cooling
Heat Pump
Hot Water
Electricity, Tank

 Exterior
Description
Stone
Stucco

 Lot & Land
Lot & Land
Zoning
CS
Sewer
Public
Water
Public


Select a Point of Interest and Radius from the form above.

Kenton


One of Portland’s lesser-known neighborhoods, Kenton is located near Hayden Island off of Interstate 5 in the north quadrant of the city. Kenton was a separate industry town when it was built in the early 1900s and was annexed to Portland later, where it briefly served as the cattle capital of the West Coast.

 

VIBE AND STYLE

The recent influx of residents have added new flavor to this historic industrial neighborhood, bringing more restaurants and cafes, along with improvements to beautiful Kenton City Park and Peninsula Park. The North Portland Tool Library is also located in this area, forging a community of Portlanders who share tools and resources for at-home construction projects.

 

LOCAL SCENE

There is plenty of activity going on in this tight-knit community. Enjoy Third Thursdays where one can wander the neighborhood and enjoy galleries, shops and restaurants. Kenton is also home to the Portland International Raceway and Portland Metropolitan Expo Center, which hosts over 100 events a year.

 

OUTDOOR SANCTUARY

Kenton is home to two parks with a variety of amenities for all to enjoy. Kenton Park is a great place for the whole family with a playground, basketball court, soccer field, and beautiful green landscape. Not too far away is Peninsula Park, a 16-acre sanctuary that was home to Portland’s first public rose garden. One can walk the paths, play tennis, or relax at the picnic tables.

 



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Real Pro NW.com

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: November 7, 2017 3:24 PM

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