$2,195,000
Active
18 Days Online
0 Beds0 Baths9,630 SQFT
Active

2622 Main St Forest Grove, OR 97116

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Multifamily building in a rapidly developing City of Forest Grove. RH zoning allows to add more units per city on the front and rear empty sections.Broker /Owner. 12 Units Apartment Building. Instant upside in rent. Room to significantly increase rents going to market rents. Coin laundry with 3 washers and 3 dryers. Parking repaved in 2023. Landlord pays water (1 meter), sewer, garbage. Tenants pay electric (13 meters) - 13th meter for Building lights and laundry - owner pays. Located on Main St just blocks to Pacific University. Just under $183k per unit, 228 per square foot. Owned coin laundry - 3 washers and 3 dryers.Updates:Roof - 2017, Siding, Exterior paint, Gutters, Windows - 2020, Parking & Driveway new Asphalt - 2023

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyWashington
  • Taxes$15,923
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusActive
  • MLS ID Number24090940
  • Home Size Source N/A
  • Year Built1996
  • Lot Size0.6 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Water Public
  • Parking Spaces 23
  • Parking Features Off Street
  • Attached Garage No
  • Garage Spaces 0

Interior Features

  • Heating Wall Heater
  • Cooling None
  • Basement Crawl Space
  • Foundation Concrete Perimeter
  • Stories 2

Exterior Features

  • Parking Off Street
  • Roof Type Composition

Community Features

  • HOA Includes SewerTrash CollectionWater

Schools

School District
Unknown
Elementary School
Harvey Clark
Middle School
Neil Armstrong
High School
Forest Grove

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Monthly Payment (Est.)

$11,789
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