Lombard Heights Apartments

5929 N Lombard St, Portland, OR 97203

Price$1,250,000

Number of Units7

Building Size5,475 sqft

Price/Unit$178,571

Property TypeMultifamily

Sub TypeTwo Story

Cap Rate5.73%

Highlights

Environmentally Friendly — Energy efficient vinyl windows
Parking Amenities — Off street parking available
Easily Accessible — Great location in close proximity to both the I-5 corridor and St. Johns bridge
Natural Amenities — Patios, balconies & greenspace
Laundry Available on Site — Laundry facility on site for additional income

Description

Built in 1966, The Lombard Heights Apartments are unique among the housing choices in the popular North Portland, St. John’s neighborhood. The property is comprised of 7 apartment homes which include a unit mix of one two-bed/one-bath townhome and six two-bed/one-bath flats. The property offers off-street parking, patios and/or balconies, on-site laundry facilities, and spacious floor plans.

The Lombard Heights Apartments are comprised of a single two-story building with wood siding and a pitched composition roof.

Listing broker has ownership percentage in property.