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Off market
  • $2,896,800

    715 Cascade Ave, Hood River, OR 97031

    3beds
    2baths
    9,720sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $2,896,800 Zestimate®
    $298/sqft
    $2,262 Estimated rent

    What's special

    Downtown Hood River property - includes 12 unit apartment complex on a total of three commercial lots. This property is ideally located inside the opportunity zone for maximum potential. Many opportunities to update units or develop all three lots as a residential/commercial project. Also potential for renting units short-term to maximize revenue. Located within walking distance to breweries, restaurants, and the waterfront.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Baseboard, Electric
    Appliances
    • Included: Dishwasher
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    • Windows: Window Coverings
    Interior area
    • Total interior livable area: 9,720 sqft

    Property

    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Mountain
    Lot
    • Features: Level, Views, 1 to 2.99 Acres
    Details
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Hood River

    HOA & financial

    Other financial information
    • Total actual rent: 2600

    Other

    Other facts
    • Flooring: Wood
    • ViewYN: true
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Baseboard
    • Zoning: C1
    • Appliances: Dishwasher, Electric Water Heater
    • HeatingYN: true
    • Utilities: Electricity Connected
    • CoolingYN: true
    • NumberOfUnitsTotal: 12
    • ConstructionMaterials: Wood Siding
    • Roof: Composition
    • LotFeatures: Level, Views, 1 to 2.99 Acres
    • Cooling: Window Unit(s)
    • FarmLandAreaUnits: Square Feet
    • RentIncludes: Water, Sewer, Trash Collection
    • WindowFeatures: Window Coverings
    • LaundryFeatures: Common Area
    • ParkingFeatures: Paved
    • View: Mountain(s)
    • TotalActualRent: 2600
    • CapRate: 3.77
    • MlsStatus: Pending
    • CoListAgentEmail: Mitchell@EnglandPropertyGroup.com
    • CoListAgentFullName: Mitchell England
    • GrossIncome: 164640
    • OperatingExpense: 57246
    • PropertyCondition: Approximately
    • NetOperatingIncome: 107394
    • TaxAnnualAmount: 7660.37
    Services availability