1261 S IVY ST Cornelius, OR97113
$695,000
3 total units
7 total bedrooms
4 total bathrooms
$42,000 annual income
Capitilization Rate: 4.72
3311 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Echo Shaw
Middle School: Neil Armstrong
High School: Forest Grove
Zoning: A2
1037 days on market
VestorFilter™
Price per unit$231.7K/unit
Price per ft²$209.91/ft²
Price per acre$2.96M/ac
Price per bedroom$99.3K/bed
Time on market1037 days
Property Description
Well maintained tri-plex in the heart of Cornelius! Long term month to month tenants in two units. Recent updates include completely new roof replacement in 2018, recent dryer duct cleaning, dryer duct line replacement, new seismic valves on gas lines, two new stoves, one new refrigerator and new attic fans installed in attic for cooling and humidity control. Contact listing broker for additional information regarding rents. Great investment opportunity!
{{ compliance-logo }}Listing Provided By Cascade Sotheby's International Realty
Financial Data
Date Sold2021-08-11
Sold Price$695,000
Original Price$670,000
Current Price$695,000
Property Taxes$4,132
Find On Map
Home Facts
StatusSold
Year Built1975
Exterior Features
MLS ID21230700
Unit Details
Unit 1
Unit 2
Unit 3
