$2,199,900

Welcome to the Cleveland Colonial Apartments. This is a 10-unit community conveniently located just a 1/2 mile from historic downtown Gresham. The building has a great unit mix of eight 3 bedroom/1 bath, 1000+ square foot units and two 2 bedroom/1 bath, 800+ square foot units. All units have been upgraded to include but are not limited to engineered hardwood floors, newer windows, kitchens with newer appliances and countertops, newer fixtures, and in-unit washers and dryers. All units uniquely have their own private backyards, and parking right in front of the units as well as plenty of additional off-street parking. The units have quite a few longer term tenants as a result of their amenities, the size of the units, and the location. This location is a walker’s paradise and many daily errands do not require a car. The property has a 91 walk score. This building is roughly a 7-minute walk from the Blue MAX Line. All units are currently occupied with a mix of both long term and newer tenants. The basement could be rented out as additional storage for increased income. Offers are to be written contingent on interior inspections.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 2,040 ft² / 189.52 m²
• MLS: 24090840
• Web ID: WX4WNT
• Status: Under Contract

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