8531 N EDISON N ST, Portland, OR 97203

$675,000
5,610
SqFt

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List Price
$675,000
Price Change
▼ $15,000 1782163833
Days on Market
103
MLS#
789622051
Property Type
Multifamily
Sqft. of Residence
5,610
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

Don’t miss this golden opportunity to put your signature mark on a unique property with spectacular views of the St. Johns Bridge! Bring your A-game and imagination to complete this project quickly. Owner is willing to carry financing for 6 to 8 months and/or open to partnering with the right party to catalyze a remarkable outcome! Each townhome is on a separate tax lot (8531 & 8527 N Edison); 4 units altogether (primary home + ADU on each lot). Constructed as mirror images. Bring new energy to provide housing density, affordable housing, and/or creative living space. Visions include co-housing, cooperative living, low-income or mission-oriented housing, or PadSplit. Could be suitable for a non-profit development investment opportunity. Originally purchased as a two-level townhome, re-design was drafted by EMA Architects (2017), with eco-conscious quality construction by Birdsmouth. Originally built in 2001, the homes are to-the-stud remodels with ADU structures added in 2019. Eco-touches include Blue "Glo" windows and green roofs. Homes are enclosed and weather protected; need interior and exterior finishing work + mechanical, electrical and plumbing. Related to RMLS #198712609 (sale of single townhome).

Additional Information

Tax Amount
$9,694
Year Built
2001
High School
Roosevelt
Elementary School
James John
Middle School
George
Garage Spaces
2
Acres
0.11
Living Area
5,610
Stories
4
Subdivision
ST. JOHNS/CATHEDRAL PARK
Terms
Call Listing Agent, Cash, Other, Owner Will Carry
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Gas
Exterior Description
Cement Siding
Roof Type
Green Roof, Membrane
Sewer Description
Public Sewer
View
Park/Greenbelt, River, Territorial
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
4
Unit Type One Beds Total
4
Unit Type One Sq Ft
2177
Unit Type One Units Total
1
Unit Type Two Baths Total
4
Unit Type Two Beds Total
4
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Sq Ft
628
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Sq Ft
628
Unit Type Four Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Lark and Fir Realty LLC.

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