$545,000
Active
24 Days Online
0 Beds0 Baths1,560 SQFT
Active

454 N 4th Ave Cornelius, OR 97113

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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

Schools

School District
Unknown
Elementary School
Cornelius
Middle School
Tom McCall
High School
Forest Grove

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Monthly Payment (Est.)

$2,886
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