2231 E St, Forest Grove, OR 97116

You are looking at a super savory income earning opportunity in a prime location! This is one of TWO identical duplexes for sale, each with 3 beds 2 and half baths, 1654 sqft and includes a yard and 1 car garage. Running some numbers looks like a cap rate of 6.6% based on rents could bring in $61,500 in revenue per year. There are two (2231 and 2235 address) can be sold as vacant but hurry to write an offer bc these two will be filled with renters right away. This is your chance to occupy both sides or live in one and rent out the other. Spectacular layout with accommodating features, quality construction, and walkable to Pacific University and Historic downtown Forest Grove and the elementary schools. The main level features easy access, low-maintenance vinyl floors and an open floor plan that seamlessly connects the powder room, living, dining, and kitchen area. Loads of natural light, three generously sized bedrooms. You'll have an attached garage, driveway and plenty of parking in an established neighborhood with a fenced back yard to enjoy fresh air or fun with furry friends. Investors dream, set it and forget it. The neighboring duplex has secured renters paying $2,550 a month, renter covers utilities. All photos are of the completed/rented/identical duplex which already sold! Call for details!