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Listed by NextHome Realty Connection
$899,500
Est. payment /mo
4,789 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,789 sqft
Price per Sqft $187
MLS Listing ID 253751536
Year Built 1968
Annual Tax Amount $11,281
Tax Year 2024
Property Description
PRICE REDUCTION!!! AGAIN! Jump on this! Times are hard but this is truly a great opportunity. This 4-unit property is a fantastic investment opportunity! Here's a breakdown of what stands out: Location: The fact that it's in a sought-after neighborhood is key. Properties in prime locations tend to appreciate faster and are easier to rent out. Income Potential: With multiple units, especially the 4bd/2ba front unit that functions like a single-family home, you can charge higher rent for that one. The two townhouse-style units also add a unique appeal to different types of renters. Private Parking: This is a major perk. Parking can be hard to come by in some neighborhoods, and having dedicated parking for each unit is a selling point that could increase demand.3 Updated Units: The fact that kitchens, bathrooms, and appliances have been recently updated adds significant value. Newer toilets and vanities can also reduce maintenance costs in the long run. Well-maintained: It's always a huge plus when a property has been well cared for. This suggests that there's little immediate work required, and you can start earning rental income right away. The larger unit is being refurbed.
Location
State OR
County Washington
Community Laundry
Area _150
Zoning R2
Rooms
Basement Crawl Space, Partial Basement
Interior
Heating Forced Air
Exterior
Community Features Laundry
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Fir Grove
Middle Schools Highland Park
High Schools Southridge
Others
Acceptable Financing Cash, Conventional, VALoan
Listing Terms Cash, Conventional, VALoan
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