Ideally located across from Pacific University, this updated duplex has a lot more potential. Dividable lot per seller with RMH zoning: multifamily high density that could allow 4 more units. Buyers to do their own due diligence. Both units have their own garages, large kitchens and French doors that lead to private, fenced back yards. Enjoy the income now and the future bonus of dividing and/or creating more units.
Off market
$1,360,410
2612 Main St UNIT B, Forest Grove, OR 97116
4beds
0baths
1,832sqft
MultiFamily
Built in 1950
-- sqft lot
$-- Zestimate®
$743/sqft
$2,415 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Baseboard, Electric
Appliances
- Included: Range / Oven, Refrigerator
Interior area
- Total interior livable area: 1,832 sqft
Property
Parking
- Parking features: Garage
Features
- Exterior features: Wood
Lot
- Size: 10,018 sqft
- Features: Level, Corner Lot
Details
- Parcel number: 1N331BC03700
- Zoning: RMH
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Forest Grove
HOA & financial
Other financial information
- Total actual rent: 2550
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Range
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Electricity Connected
- ConstructionMaterials: Wood Siding
- Roof: Composition
- LotFeatures: Level, Corner Lot
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Garage, Open
- RentIncludes: Water, Sewer, Trash Collection
- Zoning: RMH
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- TotalActualRent: 2550
- CapRate: 4.55
- GrossScheduledIncome: 31500
- MlsStatus: Active
- GrossIncome: 28968
- NetOperatingIncome: 21615
- OperatingExpense: 7353
- TaxAnnualAmount: 3098.32
- Road surface type: Paved