17165 SW Merlo Rd, Beaverton, OR 97003

$1,125,000

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Property Description

Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Great mix of units, three units are townhome style and one unit is a one level.** Large spacious units, total living area is 4504 sq ft ***Large landscaped yards,total land area is 12,320 sq ft. All units have front and backyards ** Apartment #1 Ranch style,1 level,3 bedroom, 1.5 bath, 1144 sq ft with brick fireplace, large covered front porch, excellent for owner occupant.Apartment #2 Large townhome,3 bedroom, 1.5 bath,2 level,1440 sq ft (excellent for owner occupant,huge private fenced yard)Apartment #3 Townhouse, 2 bedroom,1.5 bath,2 level, 960 sq ft with front yard and fenced backyard.Apartment #4 Townhouse , 2 br, 1.5 bath,2 level,960 sq ft with front yard and fenced backyard. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.Current cap rate is low since one unit has been remodeled and the owner has kept it vacant for for viewing.Cap rate should be 5.80 % when empty unit is rented.Seller would consider an owner contract with a decent downpayment.

17165 SW Merlo Rd | MLS# 514127453

This multi-family property located at 17165 SW Merlo Rd, Beaverton, OR 97003 is currently listed for sale with an asking price of $1,125,000. Search Beaverton real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Window Unit(s)
Fuel Type: Electricity
Heating: Baseboard, Forced Air
Lot Size: 112 x 110
Roof Type: Composition
Stories: 2.0
Taxes: $8,709
Year Built: 1975
Square Feet: 4,504

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $1695.00
Square Footage: 875
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Fireplace, Range, Refrigerator, WasherDryer
Rent: $1500.00
Square Footage: 1375
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Microwave, Range, Refrigerator, WasherDryer
Rent: $2000.00
Square Footage: 1375
Total Units: 1
Unit Type 4:
Bathroom(s): 2
Bedrooms: 2
Features: Microwave, Range, Refrigerator, WasherDryer
Rent: $1500.00
Square Footage: 875
Total Units: 1

Feature Descriptions

Days on Site: 66
Exterior: T-111 Siding
Gross Income: $56340.00 (Actual)
Hot Water: Electricity
Lot: Public Road
Lot Dimensions: 112 x 110
Net Income: $46340.00 (Actual)
Operating Expenses: $14957.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attached
Units: 4
Water: Public Water

Local Schools

High School: Aloha
Middle School: Five Oaks
Elementary School: Beaver Acres

Listed By / Shown By

Listed By

Agency Name: Metro Group Realty
Agency Phone: 503-341-5026

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

$ 6,742.49 per month $5,688.61 Principal & Interest $725.75 Property Tax $328.13 Homeowner's Insurance

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