Listing Courtesy of: Nanci Egan - John L. Scott
503-645-7433
$799,000
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1080 5TH St Unit 1080 Woodburn, OR 97071
Multi-Family
Residence
Beds
Baths
3,328
Sq. Ft.
0.39
Acre
Lot
Property Activity
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days
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Income property with possible development potential. Two duplexes located on .37 acre level lot in Woodburn. Four units, each two-bedroom, one-bath single level with ample parking. All units rented; a couple with long term tenants with below market rents. Range, refrigerator included. Washer/dryer h...ookup in kitchen. Tenants pay all utilities except for garbage on two units. Rent and actual income based on 10% rent increase effective 9/1/24. Possible opportunity to build additional units. Preliminary conversation with City of Woodburn, along with approved land use on 3rd st (see attached) suggest possible development opportunity. Buyer to do all due diligence on development.
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MLS#
24626528
Property Type
Multi-Family
Status
Year Built
1965
Square Feet
3,328
sq. ft
Lot Size
0.39
Sewer
Public Sewer Available
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