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5525 E Burnside St, Portland, OR 97215

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For Sale

$550,000

1,839 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $299.08
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This exceptionally charming Victorian office building is perfect for your business! The warm and inviting lobby features original unpainted millwork, architectural glass, and vintage light fixtures and is a fantastic way to welcome clients. The communal common space offers a welcome desk, kitchenette, relaxing lounge area, and ADA compliant bathroom and is an excellent training or group gathering space. There are two private offices on the first floor, and three more upstairs: one of which has a gas fireplace and separate lounge and workspaces. A second full bathroom, off-street parking, and beautifully landscaped backyard- with retractable awning and wiring for electrical heat- are lovely touches that increase the rentability of the space. This property has been meticulously cared for through the years, and the maintenance shows. Each office is leased by individual long term tenants who are happy to stay on: enjoy a ready-made cash flowing investment property, take over one of the offices and have tenants pay most of your expenses, or move into the whole building and run your dream business from this creative, historic property. There is even potential for a live/work space here: the opportunities are endless!
MLS# 674008319

Courtesy Of Living Room Realty

(503) 719-5588

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • Rooms
    Basement

Map and Directions

Directions to 5525 E Burnside St, Portland, OR 97215

Home seller CENTURY 21 Northstar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northstar

(503) 297-1014
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.