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 shed has separate space for each unit.
-
4BEDS
-
0.14ACRES
-
2BATHS
-
01/2 BATHS
-
1,728SQFT
-
$202$/SQFT
School Information
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 shed has separate space for each unit.
© 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-03-31T11:08:48.017.