$725,000
$699,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
4,700 SqFt
SOLD DATE : 03/28/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $154
MLS Listing ID 220156255
Sold Date 03/28/24
Style Other
Year Built 1948
Annual Tax Amount $996
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 0.46
Property Sub-Type Multi Family
Property Description
Rare investment opportunity in the up and coming town of Sutherlin with cap rate of 6.6% and room to grow. Great location apartment complex with 10 units. Easy access off Central in Sutherlin w/plenty of parking. Any buyer could manage themselves to get that cap rate up or keep the current property manager making it run on its own. Includes extra adjacent lot for more parking or add'l units. Call the Planning Dept. for details on adding units.
Location
State OR
County Douglas
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Assigned
Roof Type Composition
Building
Foundation Concrete Perimeter
Water Public
Architectural Style Other
Level or Stories One
Structure Type Frame
New Construction No
Schools
High Schools Sutherlin High
Others
Senior Community No
Tax ID R51655
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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