4763 N LOMBARD ST Unit #5, Portland, OR 97203

Property Description

Affordability, convenience and opportunity come together in this bright, move-in-ready studio condo. An approachable way to enter the Portland real estate market and begin building equity instead of continuing to rent. Located on the main floor of the intimate 12-unit University Apartments building, the home offers abundant natural light, an efficient floor plan, assigned basement storage, shared laundry and off-street parking. While the interior footprint is compact, the surrounding neighborhood is big on lifestyle. Enjoy nearby parks, convenient access to the University of Portland and excellent biking along Willamette Boulevard and many other neighborhood bike routes. Explore the restaurants, coffee shops, neighborhood bars, grocery options and community activities of University Park, with the lively Kenton and St. Johns neighborhoods just minutes away. Public transportation also makes it easy to connect with the rest of Portland. With low HOA dues and no rental cap, this flexible property could serve as a primary residence, student housing alternative, Portland pied-à-terre or long-term investment. A cozy space with a big neighborhood and a rare opportunity to own a Portland home at an attainable price point.