2651 SE RIVER RD, Hillsboro, OR 97123

$365,000
Sold Price
$365,000
List Price
$349,900
Closing Date
May 04, 2018
Days on Market
8
MLS#
18145763
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Hillsboro, Forest Grove
Status
Sold

Property Description

Wonderful opportunity to purchase a duplex as an investment. Live in one unit and rent out the other or rent both. Duplex could use some TLC but otherwise, good location and nice floor plan. Duplex has some deferred maintenance but otherwise great location and opportunity.

Additional Information

Tax Amount
$2,984
Year Built
1972
High School
Hillsboro
Elementary School
Minter Bridge
Middle School
South Meadows
Garage Spaces
4
Stories
2
Terms
Cash, Conventional, FHA, Rehab
Fuel Description
Electricity
Heating Description
Other
Hot Water Description
Electricity
Exterior Description
Other
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
8
Sq Ft Approximate Building Total
2240
Capitalization Rate
6.63
Gross Income Actual
26400
Gross Rent Multiplier
13.25
Net Income Actual
23200
Occupancy Types
Leased, Vacant
Utilities Included
Heat, Water
Parking Description
Open, Garage
Number Of Units Total
2
Unit Type One Baths Total
4
Unit Type One Beds Total
6
Unit Type One Rent
1200
Unit Type One Sq Ft
1120
Unit Type One Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Windermere Realty Group. Selling Office: Oregon First.