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Listed by Premiere Property Group, LLC
$ 6,300,000
Est. payment /mo
Active
1270 PACIFIC AVE Forest Grove, OR 97116
27,077 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 27,077 sqft
Price per Sqft $232
MLS Listing ID 578623787
Year Built 2021
Annual Tax Amount $73,859
Tax Year 2025
Lot Size 0.800 Acres
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.
Location
State OR
County Washington
Area _152
Zoning R-5
Rooms
Basement None
Interior
Heating Forced Air, Heat Pump
Cooling Central Air, Heat Pump
Exterior
View Territorial, Trees Woods
Roof Type Composition,Shingle
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Joseph Gale
Middle Schools Neil Armstrong
High Schools Forest Grove
Others
Acceptable Financing Conventional
Listing Terms Conventional
