1140 NE 11TH DR, Hillsboro, OR 97124

$795,000
List Price
$795,000
Days on Market
21
MLS#
22386364
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Hillsboro, Forest Grove
Status
Active

Property Description

Impeccable condition 1 level units w/ excellent tenants. Fresh Exterior Paint. Updates in the last 5 years include interior paint, flooring, appliances & fixtures. 1 unit w/ new furnace. Professional management & ownership pride make this property class A. Tucked away on a quiet street w/ easy access to public transport and down town Hillsboro shopping, restaurants, Max Line, PU & farmer's market create huge demand. One unit has 352 SF shop & 2nd unit has large shed. Bonus RV parking.

Additional Information

Tax Amount
$4,926
Year Built
1990
High School
Glencoe
Elementary School
Lincoln
Middle School
Evergreen
Stories
1
Terms
Cash, Conventional
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Brick, T-111 Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
2200
Capitalization Rate
4.18
Operating Expenses Actual
8140
Gross Income Actual
41400
Gross Rent Multiplier
19.20
Net Income Actual
33260
Occupancy Types
Leased
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1700
Unit Type One Sq Ft
1100
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
3
Unit Type Two Rent
1750
Unit Type Two Sq Ft
1100
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John L. Scott Market Center.

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