MLS# 754960883 – 2006 C St, Forest Grove, OR 97116 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of John L. Scott Market Center.

Property Description

Description

3 Units

Status: Active

Year Built: 1912

Days on Website: 26

Beautiful updated historic Forest Grove craftsman. Currently being used as an investment property with two amazing units. Adjacent Developable Lot for sale - additional $150,000 if purchased together. 8 bedrooms, 4 full baths, and 2 kitchens, one on each level. Updated in 2016 with tasteful additions, and extremely well maintained. Investor opportunity with solid cash flow.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total:

5040

Built in 1912

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

CentralAir,MiniSplit

Expenses

Operating Expense:

$20,000

Exterior Features

Exterior Description:

UnreinforcedMasonryBuilding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

5.86

Gross Income:

$70,740

Gross Rent Multiplier:

19.79

Net Operating Income:

$82,000

Listing

Contract Status Change Date:

2025-01-30

Days On Market:

Last Transaction Date:

2025-01-30 16:46:01

List Price:

$1,400,000

Listing Contract Date:

2025-01-30

Listing Id:

754960883

Mls Status:

Active

Modification Timestamp:

2025-01-30 16:46:01

On Market Date:

2025-01-30

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_152

County Or Parish:

Washington

Lot

Features:

CornerLot,Level,OnBusline

Size Acres:

0.28

Size Range:

SqFt10000to14999

Size Square Feet:

12,196

Size:

10,000 to 14,999 SqFt

Parking

Features:

Assigned,Open

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Roof

Roof:

Composition

Schools

High School:

Forest Grove

Middle Or Junior School:

Neil Armstrong

Elementary School:

Harvey Clark

Security Features

Features:

HandicapAccess,SecurityLights,Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,270

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$3,800

Area:

3060

Features:

AirConditioning,Dishwasher,Fireplace,WasherDryer

Units Total:

3 total bathrooms

5 total bedroom

Unit Two

Actual Rent:

$2,095

Area:

1440

Features:

AirConditioning,Dishwasher,WasherDryer,WoodFloors

Units Total:

1 total bathroom

3 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable,FiberOptics

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,400,000 -

2006 C St Forest Grove , OR 97116

MLS Area Major: _152

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on February 25, 2025 11:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.