- ADDRESS:
- 454 N 4TH AVE Cornelius, OR 97113
- Price:
- $545,000
- Units:
- 2
- Acres:
- 0.22
- Unit 1:
-
2 Bed
1.0 Bath
$750/mo
Features: Range, Refrigerator, Washer/Dryer Hookup - Unit 2:
-
2 Bed
1.0 Bath
$950/mo
Features: Range, Refrigerator, Washer/Dryer Hookup - MLS#:
- 24613083
- Lot Size:
- 7,000 to 9,999 SqFt
- Type:
- Multi
- Zone:
- A2
- Yr Built:
- 1973
- Taxe/yr:
- $3,199.00
- County:
- Washington
- Status:
- Active
- Levels:
- 1
- Heat:
- Baseboard
- Elem:
- Cornelius
- Middle:
- Tom McCall
- High:
- Forest Grove
- Lot Desc:
- Level
- Area:
- Hillsboro, Forest Grove
- Courtesy of:
- John L. Scott Market Center
- Remarks:
- Looks like a great investment opportunity! Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedrooms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants. Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.