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115 Ne 10th Dr , Gresham, OR 97030
2 Beds
11 Baths
6,627 sqft

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Great 1031 property with Huge upside. Property is Zoned Downtown Transit Midrise (DTM) fronts the Lightrail 1/2 block from the bus/rail transfer station. New development opportunity includes Mixed use, retail/office/residential up to 85' vertical. In the Opportunity zone City of Gresham Vertical incentives and more.Current property is being used as rooming house, 20 rentable rooms in main building & 3 unit 9 bedroom in second building.
  • Price:
  • $1,900,000
  • Bedrooms:
  • 2
  • Square Footage:
  • 6,627
  • Year Built:
  • 1900
  • Listing ID #:
  • 19068276
  • Street Address:
  • 115 Ne 10th Dr
  • City:
  • Gresham
  • State:
  • Oregon
  • Postal Code:
  • 97030
  • County:
  • Multnomah
  • Community:
  • Gresham/ Sandy/ Troutdale/ Corbett
  • Listing Status:
  • Active
3
out of 5

Dexter McCarty Middle School
Public
6-8
560 students
21 student/
teacher
1
out of 5

Gresham High School
Public
9-12
1600 students
23 student/
teacher
  • Basement Description:
  • Daylight, Finished, Full Basement
  • Building Condition:
  • Approximately
  • Rent Includes:
  • Electricity, Trash Collection, Heat, Sewer, Water
  • Siding:
  • Lap Siding, Wood Siding
  • Total Building Square Footage:
  • 6627
  • Type Of Roof:
  • Composition
  • Unit 1 - Square Footage Available:
  • 650
  • Unit 1 Monthly Rent:
  • 750
  • Unit 2 - Square Footage Available:
  • 300
  • Unit 2 Monthly Rent:
  • 600
  • Unit Features:
  • Furnished, Microwave, Refrigerator, Window Coverings
  • Unit1 Bathrooms:
  • 8
  • Unit1 Bedrooms:
  • 1
  • Unit1 Features:
  • Furnished, Microwave, Refrigerator, Window Coverings
  • Unit2 Bathrooms:
  • 3
  • Unit2 Bedrooms:
  • 1
  • Year Built:
  • 1900
  • Adjusted Gross Income:
  • 38400
  • Net Operating Income:
  • 29400
  • Conforms To Zoning:
  • Dtm
  • Lot Description:
  • Level
  • Lot Size:
  • 1 To 2.99 Acres
  • Legal Description:
  • Section 10 1s 3e, Tl 1000 1.04 Acres
  • List Date:
  • 2019-10-09
  • Previous Listing Price:
  • 1850000
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $4,543
  • Tax Year:
  • 2018
  • Parking Description:
  • Open
  • Heating Description:
  • Forced Air
  • Heating Fuel:
  • Gas
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Gas
  • Water Amenities:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Keller Williams-Pdx Central
  • All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 7/8/2020 6:08 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. ORREG
  • Schools information provided by ATTOM

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