501 NE BRIDGETON RD
Portland, OR 97211

DO NOT DISTURB TENANTS OR ENTER MARINA WITHOUT LISTING AGENT: Sale includes tax parcels: P652253 & R314262. On Land: 616 sq. ft., 1 level, 1 bedroom/1 bathroom apartment with Columbia River views. 520 sq. ft. workshop, garage & storage. 31 paved, assigned parking spaces. On River: rented slips to 7 floating homes. 17 boat slips. Land & water: approx 1.23 acres.Rent increase opportunity 2/28/24. Electricity is separately metered or sub-metered. Water, sewer & garbage are included in rent. All tenants month to month. Lots of information available for review. Excellent income opportunity with room for expansion in the water. Rare submerged land ownership negating the need for a DSL lease saving the owner thousands. Located on the Columbia River Slough surrounded by neighboring marinas and yacht clubs. Minutes to freeways, airport, DT Portland and Vancouver, WA. All information to be deemed accurate at the time of input but may vary due nature and type of investment. Income numbers are approximate due to a few current end of year vacancies. Considered actual if fully occupied. Apartment currently vacant.