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2429 GALES WAY Forest Grove, OR $ 1,495,000
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2429 GALES WAY
$ 1,495,000
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2429 GALES WAY

Forest Grove, OR, 97116
$ 1,495,000
Bedrooms12 Baths6.0 Sq 4,622

Monthly Estimate*

$ 9,936

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Multi-Family Home for sale in Forest Grove, OR

for $1,495,000 with 12 bedrooms and 6 full baths. This 4,622 square foot home was built in 1968 on a lot size of 0.73.

Very nice well kept units, lots of extra parking.3 duplexes Price Improvement !!! together in their own off street cul de sac. One unit is on its own lot, and the other two are together on a lot. all units are on the same water meter, but can be divided if you hook up separate meters on each unit. The units have 2 BR 1 BA each unit has a washer and dryer hook up, Each unit has an attached garage. some of the rents are below market value because of long term tenants. The units are not far from Pacific University and not far from downtown. Owner willing to carry balance of contract with 750K down for 10 years at 6.875 % interest amortized over 30 yrs. with balloon payment at the end.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,975

Style

Lot Size

0.73

Year Built

1968

Town/City

Forest Grove

County/Region

Washington

MLS | Web ID

24567381
Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition Shingle
Zoning R5
Security Features Unknown
Year Built 1968
Stories 1
Tax Year 2023
Gross Income 77400.0
County Washington
Net Operating Income 57200.0
Operating Expense 20200.0
Property Type MultiFamily
Rent Includes Sewer Water
Status Active
Directions Camino Dr. to Gales Way.
High School Forest Grove
City ForestGrove
Total Units 6
MLS Area _152
Lot Size Square Feet 31798.0
Street Name GALES
Listing Terms Cash Conventional Other OwnerWillCarry
Elementary School Harvey Clark
Tax Annual Amount 6975.96
Middle/Junior High School Neil Armstrong
Property Condition Existing
Days on Market 55
Standard Status Active
Legal Description FOREST GROVE; SEC 36 TWN 01N RNG 04W ACRES 0.32. & FOREST GROVE; SEC 36 TWN 01N RN 04w ACRES 0.41
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Interior
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Street Suffix WAY
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features Driveway Garage
Lot Features GentleSloping Level Private Trees
Water Source PublicWater
Exterior Description T111Siding WoodSiding
Foundation Details ConcretePerimeter PillarPostPier
Building Area Total 4622.0
Lot Size Acres 0.73
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 2429
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* Excluded Features
List By
Pro Group Realty And Property Management

Broker

Smithld18@gmail.com

Email

Affordability Calculator

$10,517
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,936
Monthly Property Taxes
$581
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949994 Elementary School
1951008 Middle School
Forest Grove High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$1,495,000 -2.29% Price Down
4/15/2024$1,530,000 -2.86% Price Down
3/28/2024$1,575,000 Listed Price

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2429 GALES WAY, Forest Grove, OR, 97116 is a Multi-Family Home for sale at $1,495,000 with 4,622 sqft and a lot size of 0.73. 2429 GALES WAY has 12 bedrooms, 6.0 baths, and was built in 1968. The property's zip code is 97116 which is in Forest Grove, OR

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