About 5717 Se Foster Rd
Supreme location and highly desired zoning. Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income. The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturing, and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.
Features of 5717 Se Foster Rd
| MLS® # | 24581693 |
|---|---|
| Price | $588,000 |
| Units | 2 |
| Square Footage | 1,438 |
| Year Built | 1908 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 5717 Se Foster Rd |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | FOSTER - POWELL |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97206 |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Exterior Entry, Full Basement, Storage Space |
Exterior
| Exterior | Cement Siding |
|---|---|
| Lot Description | On Busline |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Creston |
|---|---|
| Middle | Kellogg |
| High | Franklin |
Additional Information
| Date Listed | May 7th, 2024 |
|---|---|
| Days on Market | 12 |
| Zoning | CE |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 4.93 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,750 |
| Features | Dishwasher, Range, Refrigerator, WasherDryer |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $1,220 |
| Features | Dishwasher, Range, WasherDryer |
Listing Details
| Office | Real Broker |
|---|