MLS# 24571743 – 909 Se Cedar St, Hillsboro, OR 97123 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of MORE Realty.

Property Description

Description

3 Units

Status: Active

Year Built: 1999

Neighborhood: Downtown Hillsboro

Days on Website: 36

Up to 3 Units to rent! Fantastic opportunity to own a prime corner in Hillsboro, Oregon that currently is used as a live work building with two distinct living options. Rent a unit and live in one while you launch your business. Rent two units and use the commercial space for yourself. Rent three spaces for investment and income. Add on another unit or two. Turn the whole property into a cafe or restaurant. This is an incredible price for this lovingly maintained property with so many options! Something unique, creative, and flexible for today's economy!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

5138

Built in 1999

Storage:

Attached,Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense:

$10,000

Exterior Features

Exterior Description:

VinylSiding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir90,PelletStove,WallHeater

Income

CAP Rate:

6.67

Gross Income:

$70,000

Gross Rent Multiplier:

12.86

Net Operating Income:

$60,000

Listing

Contract Status Change Date:

2024-10-17

Days On Market:

Last Transaction Date:

2024-10-18 10:17:14

List Price:

$899,950

Listing Contract Date:

2024-10-17

Listing Id:

24571743

Mls Status:

Active

Modification Timestamp:

2024-10-18 10:17:14

On Market Date:

2024-10-17

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_152

Subdivision Name:

DOWNTOWN HILLSBORO

County Or Parish:

Washington

Lot

Features:

CornerLot,Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Parking

Features:

OffStreet,OnStreet

6 total parking spots

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

SCC-DT

Roof

Roof:

Composition,Membrane

Schools

High School:

Hillsboro

Middle Or Junior School:

South Meadows

Security Features

Features:

SecurityGate,SecurityLights,SecuritySystem

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,161

Legal Description

Unit One

Actual Rent:

$2,200

Area:

1650

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$2,200

Area:

1500

Units Total:

2 total bathrooms

4 total bedroom

Unit Three

Actual Rent:

$1,500

Area:

1400

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Gas,Other

Hot Water Description:

Gas

Water Source:

PublicWater

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$899,950 - Br/0Ba - for Sale in Downtown Hillsboro, Hillsboro

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$899,950 -

909 Se Cedar St Hillsboro , OR 97123

MLS Area Major: _152

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.