MLS# 24645670 – 2495 Wasco St, Hood River, OR 97031 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Real Broker.

Property Description

Description

4 Units

Status: Active

Year Built: 1988

Days on Website: 68

Welcome to this exceptional 4-plex, ideally situated within close proximity to downtown Hood River. Located in a coveted opportunity zone, this property offers a rare investment potential you won't want to miss.Each unit within this 4-plex is thoughtfully designed, features 2 bedrooms and 2 bathrooms. Whether you're looking to generate rental income or secure a long-term investment, this property is perfectly positioned to meet your needs.Key Features:Location: Just minutes from downtown Hood River, enjoy the convenience of city living with easy access to shops, restaurants, and entertainment.Opportunity Zone: Take advantage of the tax benefits and growth potential offered by this sought-after location.Investment Potential: With strong rental demand in the area, this 4-plex presents an excellent opportunity for steady cash flow and long-term appreciation.Don't miss your chance to invest in one of Hood River's most promising properties.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

4480

Built in 1988

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Cooling

Cooling Equipped

Cooling:

WallUnit

Expenses

Operating Expense:

$22,014

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

4.24

Gross Income:

$104,674

Gross Rent Multiplier:

18.63

Net Operating Income:

$82,660

Listing

Contract Status Change Date:

2024-06-27

Days On Market:

Last Transaction Date:

2024-06-27 14:18:56

List Price:

$1,950,000

Listing Contract Date:

2024-06-27

Listing Id:

24645670

Mls Status:

Active

Modification Timestamp:

2024-08-05 03:45:00

On Market Date:

2024-06-27

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_362

County Or Parish:

HoodRiver

Lot

Size Acres:

0.2

Size Range:

SqFt7000to9999

Size Square Feet:

8,712

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,MaintenanceRecordsAvailable,ProfitLossStatement,UtilityRecordsAvailable

Parking

Features:

Assigned

8 total parking spots

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

Roof

Roof:

Composition

Schools

High School:

Hood River Vall

Middle Or Junior School:

Hood River

Elementary School:

May Street

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$8,366

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,640

Area:

1200

Features:

Deck

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,720

Area:

1200

Features:

Deck

Units Total:

2 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$2,200

Area:

1200

Features:

Deck

Units Total:

2 total bathrooms

2 total bedroom

Unit Four

Actual Rent:

$3,265

Area:

1200

Features:

Deck

Units Total:

2 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,950,000 -

2495 Wasco St Hood River , OR 97031

MLS Area Major: _362

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on September 7, 2024 1:51PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.