2214 5th St
Tillamook,
OR
97141
Property Details
List Price: |
$850,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
11444 |
Agency: |
Realty NET |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1935 |
Notes: |
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 $72,307/unit. |
MlsNumber: |
24285468 |
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Listing Provided By: |
Realty NET, original listing |
Name: |
Realty NET |
Phone: |
(503) 300-6330 |
Office Name: |
RealtyNET, LLC |
Office Phone: |
(503) 300-6330 |
Agent Name: |
Greg Messick |
Disclaimer: |
Copyright © 2024 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |