367 NW BAILEY AVEHillsboro, OR97124

$825,000
3 total units
$53,748 annual income
Capitilization Rate: 5.27
3388 sq. ft
SqFt10000to14999
Elementary School: McKinney
Middle School: Evergreen
High School: Glencoe
Zoning: SCR-MD
617 days on market

VestorFilter™

Price per unit$275K/unit
Price per ft²$243.51/ft²
Recent price drop$60,000
Time on market617 days

Property Description

Productive triplex opportunity in Hillsboro! Fully rented, and rarely vacant, in this high-demand location near Downtown Hillsboro. Large 1/4 acre lot with ample parking, and private yard for each unit, and potential for additional development per city - buyer to perform due-diligence. PLEASE DO NOT DISTURB TENANTS - offers to be made subject to interior inspection.

{{ compliance-logo }}Listing Provided By Genesis Realty

Financial Data

Date Sold2022-12-16
Sold Price$800,000
Price ChangeDropped $60,000 on 12/16/2022
Total $60,000 drop
Original Price$885,000
Current Price$825,000
Property Taxes$4,604

Find On Map

Home Facts

StatusSold
Year Built1971
Stories2
Exterior Features
MLS ID22405143

Unit Details

Unit 1
Unit 2
Unit 3