2705 Southeast Ash Street
Portland, OR 97214
$1,800,000
Price
—
Beds
3,984 Sq. Ft.
$452 / Sq. Ft.
3,984
Sq. Ft.
$452
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Nestled in the heart of SE Portland, this three-story live-work unit offers remarkable living potential along with income-generating opportunities. Constructed in 2013, the building is equipped with modern amenities suitable for a variety of business uses, whether as office space, retail store, or service-based enterprises. Each commercial unit spans 2,400 square feet, featuring large windows that flood the space with natural light. The units share a mirrored floor plan, each with a kitchen that...Nestled in the heart of SE Portland, this three-story live-work unit offers remarkable living potential along with income-generating opportunities. Constructed in 2013, the building is equipped with modern amenities suitable for a variety of business uses, whether as office space, retail store, or service-based enterprises. Each commercial unit spans 2,400 square feet, featuring large windows that flood the space with natural light. The units share a mirrored floor plan, each with a kitchen that includes a dishwasher, microwave, and range, as well as mini-splits and two bathrooms. Two floors in each unit provide ample space for offices, while the open floor entry is perfect for welcoming customers or clients. The units currently rent for $3,193 and $3,375. Above these commercial spaces lies a stunning residence with striking architecture and high ceilings. Situated on the third floor, this unit offers privacy and city views. The open-concept living and dining area features a fireplace and floor-to-ceiling windows, seamlessly integrating with the space. The residence includes two bedrooms and two bathrooms, providing a relaxing living environment. The kitchen is outfitted with modern amenities, including a range, dishwasher, refrigerator, and a large window above the sink. A large covered balcony, accessed by beautiful sliding glass doors, offers extra outdoor dining and entertainment space. The unit also offers rooftop access to a green roof with breathtaking views. This residence, while an exceptional place to live, also serves as an income generator through Airbnb or short-term rentals, currently earning between $2,800 and $3,000 per month from part-time rentals.
- Listed by Jim McCartan • Cascade Hasson Sotheby's International Realty
- Listed by Joe McCartan • Cascade Hasson Sotheby's International Realty
Property Details for 2705 Southeast Ash Street
Parking Features
On Street
ZoningCS
ViewCity
Garage Spaces.00
Parking Total.00
LISTING UPDATED: 10/08/2024 12:52 PM
Property Details for 2705 Southeast Ash Street
| Status | Active |
|---|---|
| MLS # | 24293253 |
| Days on Market | 120 |
| Taxes | $14,012 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2013 |
| Lot Size | - |
| County | Multnomah County |
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Building Information for 2705 Southeast Ash Street
Stories3Residences3Year Built2013Building Size-Lot Size-
Property Information for 2705 Southeast Ash Street
Summary
Location and General Information
- Country: US
- Directions: Corner of SE 27th St and SE Ash St
- Road Surface: Concrete, Paved
School Information
- Elementary School: Sunnyside Env
- High School: Franklin
- Middle Or Junior School: Sunnyside Env
Taxes and HOA
- Tax Annual Amount: $14,011.98
- Parcel Number: R644814
- Tax Legal Description: PLEASANT HOME ADD, BLOCK 4, W 1/2 OF LOT 8
Virtual Tour
- Video Virtual Tour 1 URL: https://vimeo.com/1000423148/76b8ede632?share=copy
Property
Lot Information
- Lot Description: Corner Lot, Level
- Lot Size Range: Sq Ft0Kto2999
- Lot Size: 0K to 2,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Year Built: 2013
Utilities
- Cooling Description: Mini Split
- Fuel Description: Electricity
- Heating Description: Forced Air
- Sewer Description: Public Sewer
- Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
- Exterior Description: Block, Cedar
- Roof Type: Green Roof
Interior Features
- Basement: None
- Foundation Details: Concrete Perimeter
- Stories: 3
Multi Family
Multi-Family Information
- Number Of Units Total: 3
- Gross Income Actual: $112,416.00
- Gross Rent Multiplier: $16.01
- Investor Information: According To Owner
- Net Income Actual: $84,624.00
- Operating Expense: $27,792.00
- Security Features: Unknown
- Storage: Attached
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
- SqFt Approximate Building Total: 3984
Unit 1 Information
- Unit Type 1 Baths Total: 6
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Air Conditioning, Disposal, Hardwood Floors, Washer Dryer
- Unit Type 1 Rent: $3,193
- Unit Type 1 SqFt: 1200.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 6
- Unit Type 2 Beds Total: 2
- Unit Type 2 Features: Air Conditioning, Disposal, Hardwood Floors, Washer Dryer Hookup
- Unit Type 2 Rent: $3,375
- Unit Type 2 SqFt: 1200.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 2
- Unit Type 3 Beds Total: 2
- Unit Type 3 Features: Deck, Fireplace, Hardwood Floors, Washer Dryer
- Unit Type 3 Rent: $2,800
- Unit Type 3 SqFt: 1584.0
- Unit Type 3 Units Total: 1
Public Records for 2705 Southeast Ash Street
Taxable ValueLand-Additions-Total-
Tax Record2021$13,476 ($1,123 / month)
Home Facts
Baths5Total Finished SqFt4,069 SqFtAbove Grade Finished SqFt4,069 SqFtLot Size2,500 SqFtStyleTriplexYear Built2013Year Renovated2013ZoningCSCountyMULTNOMAHAPN1N1E36CC 15801
Schools near 2705 Southeast Ash Street
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Sunnyside Environmental School PublicK to 8 | ||
Franklin High School Public9 to 12 | ||
Da Vinci Middle School Public6 to 8 | ||
Le Monde French Immersion Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Cascade Hasson Sotheby's International Realty
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