1270 PACIFIC AVE, Forest Grove, OR 97116
1270 PACIFIC AVE, Forest Grove, OR 97116
1270 PACIFIC AVE, Forest Grove, OR 97116
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Listed by Premiere Property Group, LLC
$6,300,000
Est. payment /mo
30 Beds
20 Baths
27,077 SqFt
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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

Bedrooms 30

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


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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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1270 PACIFIC AVE