Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.
300 days
|
164
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4
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Zillow last checked:
Listing updated:
Listed by:
Dustin M Trost503-801-2326,
Rob Trost Real Estate, LLC,
Coley Trost503-812-0791,
Rob Trost Real Estate, LLC
Source: OCMLS,MLS#: TC-22550
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 9
Heating
Electric
Cooling
None
Appliances
Included: Dishwasher, Refrigerator
Features
Flooring: Carpet, Vinyl
Windows: Vinyl Frames
Has basement: No
Interior area
Total structure area: 8,198
Total interior livable area: 8,198 sqft
Finished area above ground: 8,198
Finished area below ground: 0
Property
Parking
Total spaces: 16
Parking features: Detached Garage
Garage spaces: 3
Features
Levels: One
Stories: 1
Exterior features: Lighting
Fencing: Partial
Lot
Size: 1.13 Acres
Features: Level
Details
Parcel number: 00703
Zoning description: R7.5
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex
Materials
Frame
Foundation: Concrete Perimeter
Roof: Composition
Condition
New construction: No
Year built: 1972
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Connected, Phone Available, Separate Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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