2
See all 2 photos
Listed by Premiere Property Group, LLC
$6,300,000
Est. payment /mo
26,787 SqFt
Active
1270 PACIFIC AVE Forest Grove, OR 97116
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 26,787 sqft
Price per Sqft $235
MLS Listing ID 578623787
Year Built 2021
Annual Tax Amount $73,859
Tax Year 2025
Lot Size 0.800 Acres
Property Description
Great assumable 5.45 rate loan! These are newer construction duplexes situated just 13 blocks from Pacific University in a great college town location with strong rental demand. The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes.**Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 total Current combined monthly income for all 10 properties is approximately $42,000 +. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove.
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
GET MORE INFORMATION
Follow Us