1374 SE Cedar St

    Hillsboro, OR 97123
    • $1,350,000
    • STATUS: Pending
    • ON SITE: 41 days
    • MLS #: 19023364
    Under Contract
    UPDATED: 52 min ago
    $1,350,000
    • 10
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 10,032
      SQFT
    • $135
      $/SQFT
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Ratings & Info

    Description

    The Cedar Crest Apartments are the value add opportunity you've been waiting for. Property is priced with rehab work taken in to consideration. Cash is preferred. Triplexes are across the street from the 7 unit. See MLS#:'19606260 & MLS#:'19024400 Do not disturb tenants. Offer subject to interior inspections. Drive by only.

    Monthly Payment Calculator

    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-22T07:59:09.09.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/99898897

    1374 SE Cedar St Hillsboro, OR 97123

    • Price: $1,350,000
    • Status: Pending
    • Updated: 52 min ago
    • MLS #: 19023364
    10
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,032
    SQFT
    $135
    $/SQFT
    1967
    Built
    Neighborhood:
    152-Hillsboro/Forest Grove
    County:
    Washington
    Area:
    152-Hillsboro/Forest Grove
    Property Description
    The Cedar Crest Apartments are the value add opportunity you've been waiting for. Property is priced with rehab work taken in to consideration. Cash is preferred. Triplexes are across the street from the 7 unit. See MLS#:'19606260 & MLS#:'19024400 Do not disturb tenants. Offer subject to interior inspections. Drive by only.
    Exterior Features

    Exterior Description T-111 SidingWood Siding Lot Description Level Lot Size 20000 Sqft To .99 Acres Parking Description AssignedGarage Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Foundation Crawl Space Heating Description Baseboard Hot Water Description ElectricityTank Unit Features DishwasherRangeWasher/Dryer Hookup Unit Type1 Features DishwasherWasher/Dryer Hookup Unit Type1 Sq Ft 720 Unit Type2 Features DishwasherRangeWasher/Dryer Hookup Unit Type2 Sq Ft 720 Unit Type3 Features DishwasherRangeWasher/Dryer Hookup Unit Type3 Sq Ft 720 Unit Type4 Features DishwasherRangeWasher/Dryer Hookup Unit Type4 Sq Ft 832 Unit Type5 Features DishwasherRangeWasher/Dryer Hookup Unit Type5 Sq Ft 832

    Property Features

    Bank Owned YN No Capitalization Rate 3.48 Country Us Fuel Description Electricity Gross Income Actual 85812 Gross Income Projected 178800 Gross Rent Multiplier 15.73 Net Income Actual 47011 Net Income Projected 112428 Operating Expenses Actual 38801 Operating Expenses Projected 66372 Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 13892.00 Third Party Approval YN No Unit Type1 Rent 600 Unit Type1 Units Total 2 Unit Type2 Rent 950 Unit Type2 Units Total 2 Unit Type3 Rent 0 Unit Type3 Units Total 4 Unit Type4 Rent 850 Unit Type4 Units Total 4 Unit Type5 Rent 800 Unit Type5 Units Total 2 Utilities Included Trash CollectionSewerWater Year Built Description Approximately Zoning Scr-Md

    Listing provided courtesy of Equity Pacific Real Estate Llc.
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-11-22T07:59:09.09.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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