715 Cascade Avenue

Hood River, OR 97031

$3,200,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 715 Cascade Avenue

StatusActive
MLS #19350240
Year Built1963
DOM19
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size-
Taxes$7,660.37 / year
Condo/Co-op Fees-
HOA Fees-
CountyHood River County

Listing Agent

Molly Donnell

Cascade Sotheby's International Realty

molly@mollydonnell.com

P: 503.701.5022

M: 503.701.5022

Contact Agent(s)

Description

Downtown Hood River property - includes 12 unit apartment complex and two commercial lots. This property is ideally located inside the opportunity zone for maximum potential. Many opportunities to update units, develop vacant lots or develop all three lots as a residential/commercial project. Also potential for renting units short-term to maximize revenue. Located within walking distance to breweries, restaurants, and the waterfront.

Location

Listing Courtesy of Cascade Sotheby's International Realty

Building Information for 715 Cascade Avenue

Stories-Residences12Year Built1963Building Size-Lot Size-

Payment Calculator

$12,148 per month

30 year fixed, 3.51% Interest

Principal and Interest

$11,510

Property Taxes

$638

HOA Dues

$0

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Property Information for 715 Cascade Avenue

Summary
    Location and General Information
  • Area: Hood River Co: Hood River City
  • Country: US
  • Directions: HWY 84 take exit onto 2nd st. Head south on 2nd. Take right on Oak street. Property on the right.
    Parking
  • Garage Or Parking Spaces: 0
  • Parking Description: Paved
    Taxes and HOA Information
  • CC and R Y/N: No
  • FIRPTA Y/N: No
  • Tax Deferral YN: No
    Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
    Lot Information
  • Lot Description: Level
  • Zoning: C1
    Property and Assessments
  • Water Description: Public
  • Year Built Description: Approximately
    Utilities
  • Cooling Description: Window Unit(s)
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Utilities Included: Trash Collection, Sewer, Water
Interior and Exterior Features
    Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
    Interior Features
  • View Y/N: Yes
  • View: River, Mountain(s)
Multi Family
    Multi-Family Information
  • Common Amenities: Laundry
  • Gross Income Actual: $153,870
  • Gross Rent Multiplier: 21
  • Investor Information: Profit & Loss Statement
  • Net Income Actual: $77,610
  • Occupancy Types: Leased
  • Operating Expenses Actual: $76,259
  • SqFt Approximate Building Total: 9720
  • Unit Features: Dishwasher, Window Coverings, Wood Floors
  • Unit Type Type: 1, 2
    Unit 1
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Window Coverings, Wood Floors
  • Unit Type 1 Rent: $1,400
  • Unit Type 1 SqFt: 900.0
  • Unit Type 1 Units Total: 9
    Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Window Coverings, Wood Floors
  • Unit Type 2 Rent: $1,200
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 3

Schools near 715 Cascade Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
May Street Elementary SchoolPublicK-50.4 mi
6
Next Door Klahre House SchoolPrivate9-120.4 mi
NR
Hood River Middle SchoolPublic6-80.6 mi
6
Horizon Christian SchoolPrivatePK-120.9 mi
NR

May Street Elementary School

K-5, 0.4 mi, Public

6

Next Door Klahre House School

9-12, 0.4 mi, Private

NR

Hood River Middle School

6-8, 0.6 mi, Public

6

Horizon Christian School

PK-12, 0.9 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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715 Cascade Avenue is a multi-family home for sale in Hood River, OR 97031. This property was listed for sale on September 30, 2019 by Cascade Sotheby's International Realty at $3,200,000. Nearby schools include Westside Elementary School, Hood River Middle School and Wyeast Middle School. 715 Cascade Avenue is a 0-bed, 0-bath, multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Cascade Sotheby's International Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2019 RMLS, Portland, Oregon. Last updated: 10/12/2019 10:21 PM