454 N 4th Ave Cornelius, OR 97113
Looks like a great investment opportunity! Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedrooms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants. Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyWashington
- Taxes$3,199
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number24613083
- Home Size Source N/A
- Year Built1973
- Lot Size0.22 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Lot Description Level
- Construction Other
- Sewer Public Sewer
- Water Public
- Parking Features DrivewayOpen
- Attached Garage No
- Garage Spaces 2
Interior Features
- Heating Baseboard
- Cooling None
- Basement None
- Foundation Concrete Perimeter
- Stories 1
Exterior Features
- Parking DrivewayOpen
- Roof Type Composition
Community Features
- HOA Includes SewerTrash CollectionWater