MLS# 24081390 – 3118 Brittany Dr, Forest Grove, OR 97116 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Hayden Group LLC.

Property Description

Description

4 Units

Status: Active

Year Built: 1974

Days on Website: 261

Great opportunity to own a multi-unit complex in Forest Grove! The complex contains two duplexes, each with a 2-bedroom and a 3-bedroom unit. The duplexes are separated by a common courtyard with a gorgeous Japanese maple in the center. The 3-bedroom units have a primary suite with a primary bathroom. All the units have a kitchen, family room, fenced yard/back patio, storage, Washer/dryer hook-ups, and cooling (A/C or heat-pump). The property also includes two carports and communal parking. Brand new roof with transferable warranty. The exterior is in great shape!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

3712

Built in 1974

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

CentralAir,HeatPump

Expenses

Operating Expense:

$17,354

Exterior Features

Exterior Description:

T111Siding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir,HeatPump

Income

CAP Rate:

5.52

Gross Income:

$70,300

Gross Rent Multiplier:

13.66

Gross Scheduled Income:

$74,940

Net Operating Income:

$52,946

Listing

Contract Status Change Date:

2024-03-04

Days On Market:

261

Last Transaction Date:

2024-08-21 12:59:34

List Price:

$960,000

Listing Contract Date:

2024-03-04

Listing Id:

24081390

Mls Status:

Active

Modification Timestamp:

2024-08-21 12:59:34

On Market Date:

2024-03-04

Previous List Price:

$970,000

Rent Includes:

Sewer,Water

Standard Status:

Active

Location

MLS Area Major:

_152

County Or Parish:

Washington

Lot

Features:

Level

Size Range:

SqFt10000to14999

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases

Parking

Features:

Carport,OnStreet

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Zoning:

R-7

Roof

Roof:

Shingle

Schools

High School:

Forest Grove

Middle Or Junior School:

Neil Armstrong

Elementary School:

Joseph Gale

Security Features

Features:

None

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,378

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,850

Area:

960

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$1,345

Area:

896

Features:

AirConditioning,Dishwasher,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity,Tank

Water Source:

PublicWater

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$960,000 - Br/0Ba - for Sale in Forest Grove

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$960,000 -

3118 Brittany Dr Forest Grove , OR 97116

MLS Area Major: _152

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.