Listing Courtesy of: Manny Obi - Kelly Right Real Estate of Portland, LLC
503-719-6056
$699,950
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2214 5TH St Unit 2214 Tillamook, OR 97141
Multi-Family
Residence
Beds
Baths
11,444
Sq. Ft.
0.25
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Investor Opportunity! New owner can set the rents. Currently 8 of the 13 units at the property are renovated and vacant, 4 of the units are rented at $714/month each and one unit is in need of repair. A new owner could achieve a 10% cap rate by just filling the renovated units, no extra work needed.... The exterior has new paint, gutters and siding. The renovated interiors have new LVP floors, paint, windows and cabinets. Don't miss this opportunity to purchase at just over $61,000/unit. Please do not disturb tenants, viewing of the property is only with an accepted offer.
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MLS#
24520326
Property Type
Multi-Family
Status
Year Built
1935
Square Feet
11,444
sq. ft
Lot Size
0.25
Sewer
Public Sewer Available
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