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6974 SW 201st Ave, Beaverton, OR 97078

$695,000

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Property Description

First time on the market! This single-level ranch-style triplex presents an exceptional investment opportunity in one of Beaverton's most convenient locations. With two occupied units, one vacant unit ready for immediate showing, and potential for future rental growth, this property offers an attractive combination of current cash flow, flexibility and long-term appreciation.Each of the three well-designed units offers 2 bedrooms, 1 bath, a dedicated laundry space, generous closets, a tub/shower combination, a private patio and a fully fenced backyard-features that continue to attract long-term tenants. Two of the three units have skylights. Property features a large, paved parking lot provides two off-street parking spaces per unit for a total of six dedicated spaces.Ideally located near public transit, major employers, shopping, restaurants, parks and commuter routes, the property enjoys broad tenant appeal. Beaverton's strong employment base, proximity to the Silicon Forest, Nike, Intel and other major employers, combined with continued demand for quality rental housing, make this an outstanding long-term investment. Comparable two-bedroom rentals in the Beaverton area commonly command higher monthly rents, supporting the property's upside potential.Whether you're expanding your investment portfolio, completing a 1031 exchange, or looking for an owner-occupied income property, opportunities like this-offered for the first time by the original owner-are increasingly rare.

6974 SW 201st Ave | MLS# 371826973

This multi-family property located at 6974 SW 201st Ave, Beaverton, OR 97078 is currently listed for sale with an asking price of $695,000. Search Beaverton real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Baseboard, Mini Split
Roof Type: Composition
Taxes: $7,445
Year Built: 1995

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Refrigerator, WasherDryerHookup
Rent: $1495.00
Square Footage: 908
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, WasherDryerHookup
Rent: $1495.00
Square Footage: 908
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: AirConditioning, Dishwasher, Disposal, Refrigerator
Square Footage: 908
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Vinyl Siding
Gross Income: $51540.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot, Level
Net Income: $33640.00 (Actual)
Operating Expenses: $17899.00 (Actual)
Parking: Assigned, Driveway
Parking Notes: Assigned, Driveway
Sewer: Public Sewer
Units: 3
Water: Public Water

Local Schools

High School: Aloha
Middle School: Mountain View
Elementary School: Hazeldale

Listed By / Shown By

Listed By

Agency Name: John L. Scott Portland Metro
Agency Contact: 503-810-4580

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 4,337.42 per month $3,514.30 Principal & Interest $620.42 Property Tax $202.71 Homeowner's Insurance

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