4763 N Lombard St 5, Portland

Own for less than you rent, with a seller credit to use towards updates. This bright, move-in-ready studio condo is an easy way into the Portland market and a chance to start building equity. The seller is offering a credit the buyer can use toward updates, so you can add your own style from day one.The home sits on the main floor of the intimate 12-unit University Apartments building. It has abundant natural light, an efficient floor plan, assigned basement storage, shared laundry, and off-street parking. Low HOA dues and no rental cap give you flexibility. Live here, rent it out, keep it as a Portland pied-à-terre, or hold it as a long-term investment.The neighborhood is big on lifestyle. Bike Willamette Boulevard, walk to one of many nearby parks and the University of Portland, and enjoy University Park’s coffee shops, restaurants, bars, and grocery options. Kenton and St. Johns are minutes away, and public transit connects you to the rest of the city.An attainable price, a credit for updates, and a great North Portland location make this a rare find.