1831 CEDAR ST, Forest Grove, OR 97116

$649,000
List Price
$649,000
Price Change
▼ $51,000 1605173085
Days on Market
55
MLS#
20112269
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Hillsboro, Forest Grove
Status
Active

Property Description

Better than new! Duplex was taken down to the studs in 2015. LVP flooring, dual sinks in master vanity. 3 bedroom, 2 baths. Beautiful kitchen cabinets, granite counters, indoor laundry. Each unit has dedicated parking space (one has 2). Private deck w/big storage unit. Hardiplank siding & composition roof. Ideally located to Pacific University, transportation, shopping, restaurants & activities. Great rents & low expenses. Take advantage with our current low interest rates. Great rental history!

Additional Information

Tax Amount
$3,421
Year Built
1953
High School
Forest Grove
Elementary School
Joseph Gale
Middle School
Neil Armstrong
Stories
1
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Lap Siding, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2208
Capitalization Rate
4.01
Operating Expenses Actual
12199
Gross Income Actual
33722
Gross Rent Multiplier
19.25
Net Income Actual
28061
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1595
Unit Type One Sq Ft
1104
Unit Type One Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Meadows Group Inc., Realtors.

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