Looks like a great investment opportunity! Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedrooms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants. Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.
Off market
$479,400
454 N 4th Ave, Cornelius, OR 97113
--beds
--baths
1,560sqft
Multi Family
Built in 1973
-- sqft lot
$479,400 Zestimate®
$307/sqft
$2,403 Estimated rent
What's special
Zillow last checked: 7 hours ago
Source: John L Scott Real Estate,MLS#: 24613083
Facts & features
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$479,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$479,400