Checked out the old apartment
I checked out the old ‘hood on a trip to Portland this past weekend.
I lived in this then-3 BR apartment for 8 years on the Eastern Promenade until 1999. Between 3 roommates, we paid $850/mo.
Now it’s been converted to a condo, and is on the market for $649K (I could have bought the entire building for (corrected) $495K in 1999, which was a bit out of my reach and “the numbers didn’t work.” I couldn’t make the necessary income from the rentals to cover the expenses.
The kitchen has been totally redone, and the living room floors are new. One bath has/had marble floors/whirlpool tub, the other was all tile walls/floors/shower. Beautiful oak fireplace with columns.
Now the same unit is selling as a 2 BR condo for $649K!! With a full ocean view.
Yes, my butt hurts from kicking myself…
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