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226 Mountain View Avenue

Myrtle Creek, OR 97457
  • $899,900
  • STATUS: Active
  • ON SITE: 233 Days
  • MLS #: 220158591
UPDATED: 48 min ago
$899,900
  • 7
    BEDS
  • 0.32
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 7,800
    SQFT
  • $115
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Kendon Leet Real Estate Inc :.

Description

Hard to find 10-unit multi-family apartment complex located in South Douglas County near large employers. Newer roof and professionally managed. All units currently leased with a solid return on investment. Paved parking lot, 9-2/1 units and 1-1/1 unit, some of which have been remodeled in the past couple years. Electrical system also recently updated. On-site coin-op laundry provides additional income.

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Central Oregon Association of Realtors logo © 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2023-09-21T20:44:46.713
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226 Mountain View Avenue Myrtle Creek, OR 97457

  • Price: $899,900
  • Status: Active
  • On Site: 233 Days
  • Updated: 48 min ago
  • MLS #: 220158591
7
Beds
4
Baths
0
½ Baths
0.32
Acres
7,800
SQFT
$115
$/SQFT
1977
Built
Neighborhood:
N/A
County:
Douglas
Area:
Myrtle Creek
Elementary School:
Canyonville School
Middle School:
Check With District
High School:
South Umpqua High
Property Description
Hard to find 10-unit multi-family apartment complex located in South Douglas County near large employers. Newer roof and professionally managed. All units currently leased with a solid return on investment. Paved parking lot, 9-2/1 units and 1-1/1 unit, some of which have been remodeled in the past couple years. Electrical system also recently updated. On-site coin-op laundry provides additional income.
Exterior Features

Architectural Style Other Construction Materials BlockFrame Exterior Features Deck Foundation Details Block Levels Two Lot Features Level Parking Details Numberof Carports 0 Parking Details Numberof Other Parking 15 Parking Features AsphaltParking Lot Road Surface Type Paved Roof Composition View Mountain(S)NeighborhoodTerritorial

Interior Features

Appliances OvenRangeRefrigeratorWater Heater Cooling None Flooring CarpetVinyl Heating ElectricOther Interior Features Ceiling Fan(S)Shower/Tub Combo Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Square Footage 500.00 Unit2 Square Footage 700.00 Unit3 Square Footage 700.00 Unit4 Square Footage 700.00 Window Features Aluminum Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Tri City Drive Exclusions Tenants' Personal Property FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 4.90 Incomeand Expenses Annual Amounts Gross Income 81118.80 Incomeand Expenses Annual Amounts Net Operatin 44368.00 Incomeand Expenses Annual Amounts Operating Ex 36751.00 Incomeand Expenses Annual Amounts Professiona 6176.00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 2921.07 Tax Year 2022 Unit1 Monthly Rent 650.00 Unit1 Status Leased Unit1 Unit Number 1 Unit2 Monthly Rent 825.00 Unit2 Status Leased Unit2 Unit Number 2 Unit3 Monthly Rent 611.00 Unit3 Status Leased Unit3 Unit Number 3 Unit4 Monthly Rent 790.00 Unit4 Status Leased Unit4 Unit Number 4 Unit5or More Unit List Attached Yes Water Source Public Zoning R2

Listing information © 2023 MLS of Central Oregon
Listing provided courtesy of Kendon Leet Real Estate Inc :.

Central Oregon Association of Realtors logo © 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ninebark Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ninebark Real Estate. Data last updated: .2023-09-21T20:44:46.713
 
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Ninebark Real Estate
20415 Whistle Punk Rd.
Bend OR, 97702
Listing provided courtesy of Kendon Leet Real Estate Inc :.