1342 Pacific Ave, Forest Grove, OR 97116

$1,980,000

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Property Description

1031, sell them per your tax scenario. Package of 3 fee-simple duplexes (6 units total) in a desirable Forest Grove location just blocks from Pacific University. Newer construction (2021-2022) farm-style buildings with modern, high-quality interiors featuring quartz countertops, stainless steel appliances, durable laminate flooring, and in-unit washer/dryers. Strong rental demand in this college town area.This specific group includes: 1334 Pacific Ave (A & B) 1342 Pacific Ave (A & B) 1350 Pacific Ave (A & B)Priced at $660,000 per duplex for the group of 3 ($1,980,000 total). Larger portfolio options available: 6 duplexes at $645,000 each or all 10 at $6,300,000. Low maintenance new construction with assumable financing potential. Excellent residential income opportunity with good street appeal and convenient access to campus, downtown, and commuting routes. 24-hour notice required.

1342 Pacific Ave | MLS# 177396916

This condo located at 1342 Pacific Ave, Forest Grove, OR 97116 is currently listed for sale with an asking price of $1,980,000. This property was built in 2021 and has 18 bedrooms and 12 full baths with 8032 sq. ft. Search Forest Grove real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Condominium
Fuel Type: Gas
Heating: Forced Air, Forced Air95Plus
Home Style: Contemporary
Lot Size: 0.27 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $22,100
Year Built: 2021
Square Feet: 8,032

Feature Descriptions

Accessibility: Minimal Steps
Bathroom: 6.0 (Lower), 6.0 (Main)
Days on Site: 8
Exterior: Patio, Yard
Exterior: Cement Siding, Lap Siding, Vinyl Siding
Hot Water: Tank
Interior: High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Vinyl Floor, Washer-Dryer
Kitchen: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Pantry, Quartz, Stainless Steel Appliance(s)
Lot: Cleared, Level, Public Road, Trees
Parking Notes: Driveway, OnStreet
Rental Amount: $4300.00
Sewer: Public Sewer
Special View Info: City, Territorial, Trees/Woods
Square Footage: 8032 (Main)
Water: Public Water

Local Schools

High School: Forest Grove
Middle School: Neil Armstrong
Elementary School: Joseph Gale

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 12,431.12 per month $10,011.96 Principal & Interest $1,841.67 Property Tax $577.50 Homeowner's Insurance

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