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Archived over 5 years ago

$425,000

3 bd 2 ba 1906 sqft

950 NW Jackson St, Hillsboro, OR 97124

Residential SFR Needs Repairs Off MLS

Current Rent **

$1

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

A Unique Investment Property in Hillsboro, OR for $375,500 - ARV of $500k k

Investment property for sale in Hillsboro, OR located at 950 NW Jackson St. The property is in the HILLSBORO GARDEN TRACTS neighborhood of Washington County: This property has an additional lot attached to the already sizable 12k sq ft lot (.56 Acres total). Neighbors share a community garden and duck pond that the rear of this property overlooks. Peaceful and quiet. ARV is estimated $500k-$510k. The house sits behind two new construction houses that are listed for $599k (one just sold). The tax value is $179,220. This property is 1,906 square feet and has 3 bedrooms and 2 baths. Repairs estimated at $70k. The house is recently vacant and the owners live across the street. Greenway on East side of the street, running the length of the street owned by this property as well. With recent legislation, there is an opportunity to develop on the additonal lot. Also, the deck in picture has been removed to allow an access road to the back lot. Flexible financiing terms may be available.

Location:

950 NW Jackson St, Hillsboro, OR 97124

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.