1115-1117 N Beech St, Portland, OR 97227

Take advantage of the City's new SDC Waiver program! Turn-key investment or Owner Occupant, PLUS future development opportunity in the hot N MISSISSIPPI neighborhood! Broad, inviting front porch welcomes residents & guests, and makes a great spot for morning coffee. Updated systems throughout are an owner/tenant win-win. Excellent rental history, and low-turnover for the last 20+ years. Each unit has 3 bedrooms + 1 bath. Updated kitchens & baths, wall insulation, double-pane windows & mini-split HVAC for heating and cooling = happy tenants year-round. Exterior entry into the basement (w/ 7-ft ceilings) could be explored as TRIPLEX potential. 2 blocks west of a thriving, diverse commercial district, containing event spaces, shopping, dining and services. 2 blocks south of a Pedestrian Bridge that crosses into Overlook - MAX line, more parks, dining, etc. Easy access in all directions to parks, libraries, transit & freeways. 9 min drive to Downtown PDX. RM1 zoned, 9,000 SF corner lot has Incredible DEVELOPMENT POTENTIAL -- check out Lot/Land listing #317438603. Builder's Packet available upon request. Buyer to do their due diligence. Tenant Occupied -- PLEASE DO NOT DISTURB.