Multifamily building in a rapidly developing City of Forest Grove. RH zoning allows to add more units per city on the front and rear empty sections. Some ideas are to place ready modular units. Broker /Owner. 12 Units Apartment Building. Room to significantly increase rents going to market rents. Coin laundry with 3 washers and 3 dryers. Parking repaved in 2023. Landlord pays water (1 meter), sewer, garbage. Tenants pay electric (13 meters) - 13th meter for Building lights and laundry - owner pays. Located on Main St just blocks to Pacific University. $175k per unit, $218 per square foot. Owned coin laundry - 3 washers and 3 dryers. Scheduled Gross Rental Income effective 03/01/2025 is $165,552.00 including laundry. Property tax for 2024/2025 paid $16,505.83 Total Utilities paid for 2024 $15,583. Planned increase on 08/01/2025 will increase Gross income to approx. $168,828.00, GRM 12.32, CAP 6.46 Updates: Roof - 2017 Siding, Gutters, Exterior paint, Windows - 2020 Parking asphalt replacement - 2023