$1,299,000

Impeccably maintained 4-Plex built in 2014 in the Cathedral Park neighborhood close to the St. John?s Bridge and the Cathedral Park waterfront. Minutes to downtown Portland and the University of Portland, and close to shopping (Safeway) and restaurants (McMenamins St. Johns Theater and Pub). 92 Walk Score, 89 Bike Score, 45 Transit Score.The units are well laid out and have good natural lighting. Each unit has two bedrooms and one bathroom. The building has an alarm monitoring system, a covered, lockable trash can storage area and a secure entrance to the 2 upstairs units. Outdoor bike racks are available for renters. Its mature landscaping is geared towards low maintenance.Each unit has laminated hardwood like flooring throughout. Both the kitchen and bathroom have tasteful maple cabinetry. The kitchen has tile counters and stainless-steel appliances. The bathrooms have tiled flooring and granite countertops.Each unit also has its own washer and dryer. There is a ceiling fan with LED lights in each living room, along with Hunter Douglas blinds. Electric wall heaters are the main heating source and are separately metered. Individual A/C units were added to each unit in 2022. One of the lower units is ADA rated.The building is 100% occupied. The location and proximity to St. Johns, downtown, public transportation and nearby amenities, like the U.S. Post Office and a public library, make it extremely rentable and hence, an excellent investment opportunity.