Description
Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire!Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new.HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED
-
4BEDS
-
0.15ACRES
-
2BATHS
-
01/2 BATHS
-
2,256SQFT
-
$212$/SQFT
School Information
Description
Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire!Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new.HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED
© 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: .2023-10-04T13:45:22.267