1920 Northeast Broadway

Portland, OR 97232

$1,820,000
Price
Beds
5,376 Sq. Ft.
$339 / Sq. Ft.
5,376
Sq. Ft.
$339
per Sq. Ft.

Description

Priced to Sell! Grab a cocktail and a slider at Swift Lounge and experience this unique mixed use property on old Broadway. This one has it all! Two commercial units, two residential units, two buildings, all fully leased with strong cash flow. Swift Lounge occupies the street level of the larger building. The first floor is rented as office space, and a very large residential unit occupies the entire second and third floors of the main building. At the back of the lot is a private detached residential...Priced to Sell! Grab a cocktail and a slider at Swift Lounge and experience this unique mixed use property on old Broadway. This one has it all! Two commercial units, two residential units, two buildings, all fully leased with strong cash flow. Swift Lounge occupies the street level of the larger building. The first floor is rented as office space, and a very large residential unit occupies the entire second and third floors of the main building. At the back of the lot is a private detached residential unit that was completely rebuilt and remodeled in 2015. This one bedroom stand alone house features a contemporary design with sleek new finishes, sky-lights, and a private yard. Truly a one of a kind building that celebrates the architecture and spirit of old Portland. Please do not disturb the tenants or walk the property. Please do treat yourself to something refreshing at Swift and enjoy the classic Stumptown vibes!
  1. Listed by Lisa Long • High Five Properties

Property Details for 1920 Northeast Broadway

Subdivision
SULLIVANS GULCH
Parking Features
Driveway
Zoning
CM2
Parking Total
2.00

Location

Listing Courtesy of High Five Properties
Add your commute
LISTING UPDATED: 04/01/2024 03:49 PM

Property Details for 1920 Northeast Broadway

StatusActive
MLS #24406635
Days on Market74
Taxes$6,715 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1908
Lot Size0.10 AC / 4,356 SF
CountyMultnomah County

Location

Listing Courtesy of High Five Properties
Add your commute

Building Information for 1920 Northeast Broadway

Stories3Residences4Year Built1908Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$10,492 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,932

Property Taxes

$560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1920 Northeast Broadway

Summary
Location and General Information
  • Country: US
  • Directions: NE 20th, West on Broadway
  • Road Surface: Paved
School Information
  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford
Taxes and HOA
  • Management Name: Contact Agent
  • Management Phone: 503-317-4399
  • Tax Year: 2023
  • Tax Annual Amount: $6,714.76
  • Parcel Number: R193034
  • Tax Legal Description: JOHN IRVINGS 1ST ADD, BLOCK 6, LOT 11 EXC PT IN ST
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Level
  • Lot Size Square Feet: 4356.0
  • Lot Size Dimension: 4500
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1908
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Gas
  • Heating Description: Forced Air, Mini Split
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
  • Roof Type: Composition, Flat
Interior Features
  • Basement: Storage Space, Unfinished
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $134,340.00
  • Gross Rent Multiplier: $13.55
  • Investor Information: Leases, Rent Records
  • Net Income Actual: $107,954.00
  • Operating Expense: $26,386.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 5376
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 0
  • Unit Type 1 Features: Washer Dryer
  • Unit Type 1 Rent: $5,150
  • Unit Type 1 SqFt: 1500.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 2 Rent: $1,550
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 4
  • Unit Type 3 Features: Hardwood Floors, Range, Refrigerator
  • Unit Type 3 Rent: $2,600
  • Unit Type 3 SqFt: 1400.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Air Conditioning, Dishwasher, Refrigerator, Wood Floors
  • Unit Type 4 Rent: $1,895
  • Unit Type 4 SqFt: 850
  • Unit Type 4 UnitsTotal: 1

Schools near 1920 Northeast Broadway

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Buckman Elementary School
PublicK to 5

Hosford Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Da Vinci Middle School
Public6 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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1920 Northeast Broadway is a multi-family home for sale in Portland, OR 97232. This property was listed for sale on February 20, 2024 by High Five Properties, it's currently listed at $1,820,000. This listing's school district is Portland School District 1j. Nearby schools include Buckman Elementary School, Hosford Middle School and Cleveland High School. 1920 Northeast Broadway is a 0-bed, 0-bath, 5,376 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of High Five Properties

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