17165 SW MERLO RD, Beaverton, OR 97003

Property Description

Well maintained four plex in a quiet central Beaverton location.Upgraded units with vinyl windows and updated kitchens.Newer roof and exterior paint with in the last two years. Great mix of units, three units are townhome style and one unit is a one level.** Large spacious units, total living area is 4504 sq ft ***Large landscaped yards,total land area is 12,320 sq ft. All units have front and backyards ** Apartment #1 Ranch style,1 level,3 bedroom, 1.5 bath, 1144 sq ft with brick fireplace, large covered front porch, excellent for owner occupant.Apartment #2 Large townhome,3 bedroom, 1.5 bath,2 level,1440 sq ft (excellent for owner occupant,huge private fenced yard)Apartment #3 Townhouse, 2 bedroom,1.5 bath,2 level, 960 sq ft with front yard and fenced backyard.Apartment #4 Townhouse , 2 br, 1.5 bath,2 level,960 sq ft with front yard and fenced backyard. All units have private washer and dryers as well as there own fully fenced yard and two assigned parking spaces as well as plenty of street parking.Less than a mile to Nike World Headquarters, MAX light rail station, Costco and several parks.Do not disturb tenants or walk the property.Current cap rate is low since one unit has been remodeled and the owner has kept it vacant for for viewing.Cap rate should be 5.80 % when empty unit is rented.Seller would consider an owner contract with a decent downpayment.