Solid investment opportunity. 2400 sf Duplex with long term lease to an established charitable organization. Current lease runs through 2027 with escalating rents. Owner to pay no property taxes which increases the net rent. Good location on a bus line.
Off market
$411,570
6686 SW 198th Ave, Aloha, OR 97078
2beds
4baths
2,400sqft
MultiFamily
Built in 1976
-- sqft lot
$-- Zestimate®
$171/sqft
$2,266 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- Forced air, Electric
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: Garage
Features
- Exterior features: Wood, Wood products
Lot
- Size: 0.35 Acres
- Features: Level, Near Public Transit
Details
- Parcel number: 1S224BD03900
- Zoning: R-9
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Aloha
HOA & financial
Other financial information
- Total actual rent: 2160
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Microwave, Electric Water Heater, Range
- FireplaceYN: true
- GarageYN: true
- HeatingYN: true
- Utilities: Electricity Connected
- Roof: Composition
- LotFeatures: Level, Near Public Transit
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Guest, Garage
- Zoning: R-9
- NetOperatingIncome: 25920
- ConstructionMaterials: T-111 Siding
- CapRate: 5.24
- GrossIncome: 25920
- TotalActualRent: 2160
- MlsStatus: Active
- TaxAnnualAmount: 0.00
- Road surface type: Paved