1046 NE 17TH AVE, Hillsboro, OR 97124

$3,150,000

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List Price
$3,150,000
Days on Market
42
MLS#
667222586
Property Type
Multifamily
Lot Size
20, 000 SqFt to .99 Acres
Region
Hillsboro, Forest Grove
Status
ACTIVE

Property Description

Welcome to your next investment opportunity.This well-maintained 18-unit apartment complex is located in a desirable neighborhood with convenient access to shopping, major roadways, and daily amenities.The property is owner-managed and 100% occupied, reflecting stable operations. An on-site laundry room provides additional income. All rental agreements are month-to-month, except for one unit with approximately five months remaining on its lease.No rent increases have been implemented in the past 13 months, offering immediate upside potential for a new owner.Please do NOT disturb tenants.No site visits without a scheduled appointment.

Additional Information

Tax Amount
$21,133
Year Built
1975
High School
Liberty
Elementary School
Mooberry
Middle School
Poynter
Acres
0.94
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Panel, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Territorial
Parking
Open
Parking Description
Open
Road Surface
Paved
Number Of Units Total
18
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1400
Unit Type One Sq Ft
836
Unit Type One Units Total
15
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
2
Unit Type Three Baths Total
2
Unit Type Three Beds Total
3
Unit Type Three Rent
1700
Unit Type Three Sq Ft
1150
Unit Type Three Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Great Western Real Estate Co.

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