Property Description
Newer-construction, fee-simple duplexes located approximately 10 blocks from Pacific University. Current combined gross monthly rental income is approximately $42,000. Assumable loan with a 5.45% interest rate. Income-producing properties with established rental income and assumable financing. Potential opportunity for a 1031 exchange. Buyer to verify rental income, loan terms, assumability, and all property information.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Heat Pump
Fuel Type: Electricity, Gas
Heating: Forced Air, Heat Pump
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $73,859
Year Built: 2021
Square Feet: 27,077
Units
Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 4:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 5:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 6:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 7:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 8:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 9:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Unit Type 10:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2774
Total Units: 2
Feature Descriptions
Days on Site: 166
Exterior: Cement Siding, Lap Siding, Vinyl Siding
Hot Water: Gas, Tankless
Lot: Level
Parking: Driveway
Parking Notes: Driveway
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Units: 20
Water: Public Water
Local Schools
High School: Forest Grove
Middle School: Neil Armstrong
Elementary School: Joseph Gale
Listed By / Shown By
Listed By
Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000
Shown By
Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 39,848.65 per month $31,856.23 Principal & Interest $6,154.92 Property Tax $1,837.50 Homeowner's InsuranceChange Payment Information
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1270 Pacific Ave | MLS# 578623787
This multi-family property located at 1270 Pacific Ave, Forest Grove, OR 97116 is currently listed for sale with an asking price of $6,300,000. Search Forest Grove real estate on www.williamraven.realtor today.