Description
Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.
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4BEDS
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1.06ACRES
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4BATHS
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01/2 BATHS
School Information
Description
Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.
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