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    1125 S Ivy St

    Cornelius, OR 97113
    • $700,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 21374923
    UPDATED: 57 min ago
    $700,000
    • 8
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,456
      SQFT
    • $203
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fourplex with upside available. 2 vacant units that can get market level rents quickly. Seller would prefer to carry a note, 30% down, 4.5% interest, 3 year balloon. Make offer subject to interior inspection of occupied units. Roof and windows in the last 5 years, make offer after reviewing the attached inspection report.

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    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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-27T09:39:26.147.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 Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/119228692
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    1125 S Ivy St Cornelius, OR 97113

    • Price: $700,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 21374923
    8
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,456
    SQFT
    $203
    $/SQFT
    1973
    Built
    Neighborhood:
    152-Hillsboro/Forest Grove
    County:
    Washington
    Area:
    152-Hillsboro/Forest Grove
    Elementary School:
    Echo Shaw
    Middle School:
    Neil Armstrong
    High School:
    Forest Grove
    Property Description
    Fourplex with upside available. 2 vacant units that can get market level rents quickly. Seller would prefer to carry a note, 30% down, 4.5% interest, 3 year balloon. Make offer subject to interior inspection of occupied units. Roof and windows in the last 5 years, make offer after reviewing the attached inspection report.
    Exterior Features

    Exterior Description Lap Siding Lot Description LevelSecludedTrees Lot Size 10000 To 14999 Sqft Parking Features Paved Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Heating Description Baseboard Hot Water Description Electricity Unit Type1 Sq Ft 864 Unit Type2 Sq Ft 864 Unit Type3 Sq Ft 864 Unit Type4 Sq Ft 864

    Property Features

    Bank Owned YN No Capitalization Rate 6.08 Country Us Fuel Description Electricity Gross Income Actual 56700 Gross Income Projected 62400 Gross Rent Multiplier 12.35 Net Income Actual 42525 Net Income Projected 46800 Operating Expenses Actual 14175 Operating Expenses Projected 15600 Property Condition Approximately Rent Includes Trash CollectionSewerWater Sewer Description Public Sewer Short Sale YN No Tax Amount 3579.90 Third Party Approval YN No Unit Type1 Rent 1300 Unit Type1 Units Total 1 Unit Type2 Rent 1025 Unit Type2 Units Total 1 Unit Type3 Rent 1100 Unit Type3 Units Total 1 Unit Type4 Rent 1300 Unit Type4 Units Total 1 Zoning A2

    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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-27T09:39:26.147.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 Beach Loop Realty and should be independently verified.
     
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    Bandon OR, 97411