Bought with eXp Realty, LLC
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1870 N MAIN AVE Gresham, OR 97030
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Key Details
Sold Price $701,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $292
MLS Listing ID 23078406
Sold Date 01/05/24
Year Built 1967
Annual Tax Amount $4,582
Tax Year 2023
Property Description
SELLER CARRY FINANCING with terrific terms! Extraordinary opportunity to acquire a meticulously updated TRI-PLEX in a highly desirable location. Each unit has 2 spacious bedrooms, an updated bath, a generous 800 sf of living space. All units have been enhanced with new kitchen cabinets, appliances, including washer & dryers, plush carpeting, fresh paint and efficient ductless heating units with air conditioning. The energy-conscious vinyl windows and sliders further enhance the appeal of these units, while private patios front & back provide a serene outdoor retreat. Currently occupied by reliable tenants under 2-3 year leases, the property represents a secure investment opportunity. Seller is offering an attractive 4.5% interest rate land sales contract amortized over 30 years with a 5 year balloon, 25% down. To qualify, buyers must possess excellent credit history and furnish current credit reports. Act swiftly to secure this one-of-a-kind opportunity, as it is unlikely to be available again. Subject to interior inspection. Please do not disturb tenants.
Location
State OR
County Multnomah
Area _144
Zoning MDR-244
Rooms
Basement Crawl Space
Interior
Heating Ductless
Cooling Heat Pump
Exterior
Garage Spaces 6.0
View Y/N false
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Highland
Middle Schools Clear Creek
High Schools Gresham
Others
Acceptable Financing Contract
Listing Terms Contract
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