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1318-1332 S Ivy Street Fourplex

1318-1332 S Ivy Street Fourplex

https://www.josephbernard.net/1318-ivy
Address:
1318-1332 S Ivy Street, Cornelius, Oregon 97113
Price:
$325,000
Units:
4
Price per unit:
$81,250
Cap Rate:
8.73%
Year Built:
1967

Highlights

  • Walking Distance to Downtown Cornelius
  • Off-Street Parking
  • Strong Rental History
  • 3 Adjacent Lots
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1318-1332 S Ivy Street Fourplex

Summary

The Ivy Street Fourplex is a four unit community centrally located in Cornelius.  This property is one tax lot with two garden style duplexes.  Each building has a mix of 2 two bedroom and one bathroom units and 2 three bedroom and 1 bathroom units.  The property features a carport for each unit, a strong rental history and is located near downtown Cornlius for easy access to shops and buslines.  The two adjacent properties are also for sale; see 1358 Ivy & 1390 Ivy.  Seller to show units with accepted offer. 

Highlights

  • Walking Distance to Downtown Cornelius
  • Off-Street Parking
  • Strong Rental History
  • 3 Adjacent Lots
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1318-1332 S Ivy Street Fourplex

This city of Cornelius is located in Washington County, 26 miles west of Portland and 10 miles east of the Coast Range. Cornelius is the 42nd largest community in Oregon, with a population just under 12,000. It is home to hidden gems and world-renowned amenities, such as world-class wineries and one of the oldest golf courses in the Pacific Northwest. (www.ci.cornelius.or.us)

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1318-1332 S Ivy Street Fourplex

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1318-1332 S Ivy Street Fourplex

Document Title Document Type
Property Flyer Adobe PDF
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1318-1332 S Ivy Street Fourplex

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax