Bought with eXp Realty LLC
$355,000
$349,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1,728 SqFt
SOLD DATE : 05/11/2023
Key Details
Sold Price $355,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $205
Subdivision Improvement Co. Add.
MLS Listing ID 23041712
Sold Date 05/11/23
Year Built 1910
Annual Tax Amount $1,807
Tax Year 2022
Property Description
INVESTORS: Are you looking for a nearly 6% cap rate on your next rental property? This opportunity to purchase could be it! 2 units, ownership pays for water/sewer and garbage service, all other utilities paid by renters. Qualified for, and currently rented via Section 8 (both units). Newer appliances. Solid rental history. With updates this place could produce higher rent rates. Main unit is 3/1, upper unit is 1/1. Gravel parking area accessed via alley, storage for each unit.
Location
State OR
County Polk
Area _167
Zoning RH
Interior
Heating Zoned
Exterior
Garage Spaces 2.0
View Y/N true
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Oakdale Hts
Middle Schools Lacreole
High Schools Dallas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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