For Sale By Owner: Our Gorgeous 4 plex in the heart of Beaverton, GREAT walk-ability and 2 minutes from HWY 217 make this thing SO EASY to rent at TOP DOLLAR! All units are approximately 850 sqft, 2 bedrooms, 1 bath with Hardwoods throughout! These units are BEAUTIFUL and easy to rent. Rents range from $1125 to $1325. All units could eventually be at the $1325 for a total rent roll of $63,600/year! One roof was done 5 years ago, the other 2-3 years before that, so no major capital expenditures will be required for some time! Sit back and enjoy the cash flow! FHA lending may be an option too if you are willing to buy out a lease (3.5% down payment would only be $29,750) BUT HERE IS THE KICKER... WE MIGHT BE ZONED FOR MORE UNITS!!! YOU COULD POTENTIALLY GET 12+ UNITS ON THIS PROPERTY! (Buyer to verify and do all their own due diligence. I'm not guaranteeing this can be done, but definitely should check with the city!) Developing this land to 12 units with a rent of $1325/unit could give this property a value of $2.5 Million+!!!!!
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