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Sold on 07/22/2024
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40000 Mccormick Dr, Sandy, OR 97055

  • $525,000

    Last sold 07/22/2024 after 3 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 40000 Mccormick Dr

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Parking 2 garage spaces
Rental estimate
Property description
One level Duplex in Sandy. Single car garage for each unit. New Garage doors with openers. New Roof in 2021, new electrical panels in 2024. Both units have a fenced backyard and patio. Washer/Dryer Hook-up in each unit. Long-term renter in 3 Bed, 1 1/2 Bath unit. 2 Bed, 1 Bath unit is vacant and has recently been remodeled. Ready for a new Tenant or for you to Owner Occupy. Photos are the of the vacant unit. Great location, come check it out! Subject to Tenant Law.
Listed by
Listing Agent - Vicki Arnold
Listing Agent Contact: Info@20-20properties.com
Listing Office - 20/20 Properties, Inc
Source: RMLS mls logo
MLS#24176712 • last updated 1 year ago
Movoto checked RMLS for data 3 minutes ago
Overview
Heating Baseboard
MLS # 24176712
Type Multi Family
Status Sold
Property Tax 3972.23
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Clackamas
Community Features All Landscaping
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Sandy
Middle School Cedar Ridge
High School Sandy
Zoning SFR
Directions E On Hwy 26 Towards Sandy, Rt On Wolf, Lft On McCormick To Property
APN 663142
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1492
Total # of Units 2
Gross Rent Multiplier 14.9
Operating Expense Scheduled 9798
Net Operating Income 25480
Operating Expense 9751
Gross Scheduled Income 39504
Gross Income 35231
Cap Rate 4.85
Net Scheduled Income 29706
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 24176712
  • Jul 23, 2024 Pending
    —
  • Jul 19, 2024 Listed
    $525,000
  • 40000 Mccormick Dr
    $525K
  • 144 - Gresham, Sandy, Troutdale, Corbett
    —
  • 97055
    $614K +7% y/y
  • Sandy
    $614K +7% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sandy Grade School
public Grades K-5
Oregon Trail School District 46
4/10
Cedar Ridge Middle School
public Grades 6-8
Oregon Trail School District 46
5/10
Sandy High School
public Grades 9-12
Oregon Trail School District 46
Source: GreatSchools.org © 2026. All rights reserved.

Around 144 - Gresham, Sandy, Troutdale, Corbett

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