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    3125 18TH Ave

    Forest Grove, OR 97116
    • $480,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 21056256
    UPDATED: 32 min ago
    $480,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,708
      SQFT
    • $281
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Value add opportunity in great location. Long term tenants, room to grow rents. Bedroom in garage is non-conforming and possibly un-permitted. Buyer to do their own due diligence. Please review inspection reports prior to making an offer. Offers are subject to interior inspection. Financials are estimates due to new management not having complete records at time of take over.

    Monthly Payment Calculator



    Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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. Data last updated 2021-09-28T06:39:59.603.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/120863038
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    3125 18TH Ave Forest Grove, OR 97116

    • Price: $480,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 21056256
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,708
    SQFT
    $281
    $/SQFT
    1963
    Built
    Neighborhood:
    152-Hillsboro/Forest Grove
    County:
    Washington
    Area:
    152-Hillsboro/Forest Grove
    Elementary School:
    Joseph Gale
    Middle School:
    Neil Armstrong
    High School:
    Forest Grove
    Property Description
    Value add opportunity in great location. Long term tenants, room to grow rents. Bedroom in garage is non-conforming and possibly un-permitted. Buyer to do their own due diligence. Please review inspection reports prior to making an offer. Offers are subject to interior inspection. Financials are estimates due to new management not having complete records at time of take over.
    Exterior Features

    Exterior Description Lap Siding Lot Description Level Lot Size 7000 To 9999 Sqft Parking Features OpenPaved Roof Type Metal View YN No Water Description Public

    Interior Features

    Basement Crawl Space Heating Description Baseboard Hot Water Description ElectricityTank Unit Features RangeRefrigeratorWasher/Dryer Hookup Unit Type1 Features RangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 854 Unit Type2 Features RangeRefrigeratorWasher/Dryer Hookup Unit Type2 Sq Ft 854

    Property Features

    Bank Owned YN No Capitalization Rate 3.28 Country Us Fuel Description Electricity Gross Income Actual 21000 Gross Rent Multiplier 22.86 Net Income Actual 15750 Occupancy Types LeasedMonth To Month Operating Expenses Actual 5250 Rent Includes Trash CollectionSewerWater Seller Disclosure Exempt Sewer Description Public Sewer Short Sale YN No Storage Garage(S) Tax Amount 3068.95 Third Party Approval YN No Unit Type1 Rent 1200 Unit Type1 Units Total 1 Unit Type2 Rent 550 Unit Type2 Units Total 1 Zoning R-7

    Listing provided courtesy of Equity Pacific Real Estate Llc.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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. Data last updated 2021-09-28T06:39:59.603.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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