1270 Pacific Ave

Forest Grove, OR 97116
  • $6,300,000

    Price
  • 60

    Bed
  • 40

    Bath
  • 26,787

    SqFt

About the Listing PPGR01 - MUELLERF

1031, sell them per your tax scenario. Since these are Fee Simple, you can sell them per your greatest tax advantage. Great assumable 5.45 rate loan! These are newer construction duplexes situated just 13 blocks from Pacific University in a great college town location with strong rental demand. The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes. **Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 total. Current combined monthly income for all 10 properties is approximately $42,000+. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove. Newer development allows you Low Maintenance cost. Fee Simple units.

Listing Highlights

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 578623787
Year Built 2021
Total Square Footage 26,787
Lot/Acreage 0.8
County Washington
Elementary School Joseph Gale
Middle School Neil Armstrong
High School Forest Grove

Interior Details

  • Bedrooms: 60
  • Bathrooms: 40 Full
  • Appliances:
  • Air Cond: Central Air,Heat Pump
  • Heating: Forced Air,Heat Pump
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Zoning: R-5
  • Roof: Composition,Shingle
  • Others: New Construction
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $73,859
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R2220699
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1270 Pacific Ave Forest Grove, OR 97116

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Originating MLS: Regional Multiple Listing Service, Inc.

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