2705 SE Ash St

Description

Nestled in the heart of SE Portland, this three-story live-work unit offers remarkable living potential along with income-generating opportunities. Constructed in 2013, the building is equipped with modern amenities suitable for a variety of business uses, whether as office space, retail store, or service-based enterprises. Each commercial unit spans 2,400 square feet, featuring large windows that flood the space with natural light. The units share a mirrored floor plan, each with a kitchen that includes a dishwasher, microwave, and range, as well as mini-splits and two bathrooms. Two floors in each unit provide ample space for offices, while the open floor entry is perfect for welcoming customers or clients. The units currently rent for $3,193 and $3,375. Above these commercial spaces lies a stunning residence with striking architecture and high ceilings. Situated on the third floor, this unit offers privacy and city views. The open-concept living and dining area features a fireplace and floor-to-ceiling windows, seamlessly integrating with the space. The residence includes two bedrooms and two bathrooms, providing a relaxing living environment. The kitchen is outfitted with modern amenities, including a range, dishwasher, refrigerator, and a large window above the sink. A large covered balcony, accessed by beautiful sliding glass doors, offers extra outdoor dining and entertainment space. The unit also offers rooftop access to a green roof with breathtaking views. This residence, while an exceptional place to live, also serves as an income generator through Airbnb or short-term rentals, currently earning between $2,800 and $3,000 per month from part-time rentals.