177 SE 5TH AVE Hillsboro, OR97123
$2,290,000
14 total units
3 total bedrooms
2 total bathrooms
$182,441 annual income
Capitilization Rate: 5.39
9750 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Lincoln
Middle School: Evergreen
High School: Glencoe
Zoning: SCC-DT
1148 days on market
VestorFilter™
Price per unit$163.6K/unit
Price per ft²$234.87/ft²
Recent price drop$60,000
Price per acre$9.75M/ac
Price per bedroom$763.3K/bed
Time on market1148 days
Property Description
The Talisman Apts are in the high demand sub-market of Hillsboro, with a central location near public transit & walking distance to many amenities. Improvements in recent years include new roofing, exterior paint, vinyl windows, & many interior upgrades at turnovers. A new owner benefits from a very low vacancy sub-market with strong in place operations, & additional upside in the rents by bringing all units up to market levels. Opportunity to invest in one of the most in-demand housing markets.
{{ compliance-logo }}Listing Provided By Joseph Bernard LLC
Financial Data
Date Sold2021-08-19
Sold Price$2,290,000
Price ChangeDropped $60,000 on 08/20/2021
Total $60,000 drop
Total $60,000 drop
Original Price$2,350,000
Current Price$2,290,000
Property Taxes$10,893
Find On Map
Home Facts
StatusSold
Year Built1973
Exterior Features
MLS ID21030769
Unit Details
Unit 1
Unit 2
