20 NW 16TH AVE 210, Portland, OR 97209,
Uncover a piece of history nestled in the heart of Portland's vibrant Pearl District. This charming, second-floor studio at the Empress Condominiums is an urbanite's dream. Sunlit & serene, the 394 sq. ft. home boasts original hardwood floors & vintage tiling. The full-size stacked washer & dryer, storage unit, & bike storage add to its practical appeal. Picture yourself gazing at the stunning West Hills from your window, as the city bustles below. With a walk score of 99, your doorstep opens to NW23rd, Downtown, iconic Powell's books, PSU, & gourmet groceries at Whole Foods. Savvy investors will recognize the possible 8% cap rate (similar unit in complex achieved) & the absence of a rental cap, making this an enticing investment. A charming abode or lucrative pied-à-terre, this studio is a golden opportunity in Portland's real estate market. This complex has been Seismically retrofitted! Many 100 year old complexes in Portland have not.