Looks like a great investment opportunity! Zoning for up to a quadplex provides the potential to expand and increase rental income. Buyer to do due diligence with the city. The property already has a functioning duplex with two units, each featuring 2 bedrooms and 1 bathroom. The individual fenced patios and washer/dryer hookups are attractive features for tenants. Additionally, the detached 2-car garage with separate roll-up doors adds value. Or take the opportunity to expand. The location, having public transportation and shopping a couple blocks away, is convenient for tenants and can help maintain a high occupancy rate. The current tenants are on a month-to-month agreement (for far less than current rent market) which offers flexibility for future plans. Please do not disturb tenants or walk the property.
Terrific Single Level 4 Plex Opportunity! Solid Renters, Just a few minutes walk to the bus line, grocery, restaurants, cafes and more! 2 separate well maintained buildings with Attached 1 Car Garages. May be possible to separate into 2 duplexes, buyer to perform their own due diligence. All vinyl windows, Updated in 2013 with new roofs, exterior/interior paint, plumbing, floor tile, counter tops and solid hardwood cabinets. Rents are under market and include water/sewer. No sign on property. Please DO NOT go onto property without permission or disturb the tenants. THX!
Cornelius is located in Oregon. Cornelius, Oregon has a population of 12,423. Cornelius is more family-centric than the surrounding county with 47.84% of the households containing married families with children. The county average for households married with children is 37.21%.
The median household income in Cornelius, Oregon is $60,766. The median household income for the surrounding county is $74,033 compared to the national median of $57,652. The median age of people living in Cornelius is 30.6 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 37.2 degrees. The average rainfall is approximately 44.5 inches per year, with 0.7 inches of snow per year.