Bought with Non Rmls Broker
$525,000
$525,000
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3,120 SqFt
SOLD DATE : 06/12/2023
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $168
MLS Listing ID 23689879
Sold Date 06/12/23
Year Built 1970
Annual Tax Amount $2,628
Tax Year 2022
Lot Size 7,405 Sqft
Property Description
Check out this great opportunity to buy a two story 5 unit apartment complex in Mill City. Featuring 1 and 2 bedroom units sized between 390sqft - 780sqft allowing for flexible renting options. Located in a beautiful neighborhood just 40 minutes from Salem and 20 minutes from Stayton. Reliable tenants and property management are already in place. Gas, water, sewer, garbage, and electric are paid by tenants. Cap is estimated to be around 6%. Do not disturb tenants.
Location
State OR
County Marion
Area _170
Zoning Multi
Interior
Heating Wall Furnace
Exterior
Garage Spaces 5.0
View Y/N true
View Territorial
Roof Type Composition
Garage No
Building
Story 2
Sewer Septic Tank
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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