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1119 W Central Avenue

Sutherlin, OR 97479
  • $725,000
  • STATUS: Closed
  • ON SITE: 586 Days
  • MLS #: 220156255
Sold - 03/28/2024
$725,000
SOLD - 03/28/2024
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,700
    SQFT
  • $154
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of eXp Realty, LLC :.

Description

Rare investment opportunity in the up and coming town of Sutherlin with cap rate of 6.6% and room to grow. Great location apartment complex with 10 units. Easy access off Central in Sutherlin w/plenty of parking. Any buyer could manage themselves to get that cap rate up or keep the current property manager making it run on its own. Includes extra adjacent lot for more parking or add'l units. Call the Planning Dept. for details on adding units.

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Central Oregon Association of Realtors logo © 2024 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 Windermere Central Oregon 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 Windermere Central Oregon Real Estate. Data last updated: .2024-06-19T23:48:51.897
www.myhomeincentraloregon.com/homes/134735486
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1119 W Central Avenue Sutherlin, OR 97479

  • Price: $699,000
  • Status: Closed
  • On Site: 586 Days
  • Updated: 189 min ago
  • MLS #: 220156255
0
Beds
0
Baths
0
½ Baths
0.46
Acres
4,700
SQFT
$154
$/SQFT
1948
Built
Neighborhood:
N/A
County:
Douglas
Area:
Sutherlin
Elementary School:
East Sutherlin Primary
Middle School:
Sutherlin Middle
High School:
Sutherlin High
Property Description
Rare investment opportunity in the up and coming town of Sutherlin with cap rate of 6.6% and room to grow. Great location apartment complex with 10 units. Easy access off Central in Sutherlin w/plenty of parking. Any buyer could manage themselves to get that cap rate up or keep the current property manager making it run on its own. Includes extra adjacent lot for more parking or add'l units. Call the Planning Dept. for details on adding units.
Exterior Features

Architectural Style Other Construction Materials Frame Foundation Details Concrete Perimeter Levels One Parking Details Numberof Carports 0 Parking Features Assigned Roof Composition

Interior Features

Cooling None Flooring Vinyl Heating Baseboard

Property Features

Additional Parcels YN Yes Association YN No CCAnd Rs YN No Cross Street Kruse Street Exclusions Tenant Personal Property FIRPTAYN No Incomeand Expenses Annual Amounts Gross Income 99864.00 Incomeand Expenses Annual Amounts Operating Ex 40260.00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 996.76 Tax Year 2021 Water Source Public Zoning C-3

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of eXp Realty, LLC :.

Central Oregon Association of Realtors logo © 2024 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 Windermere Central Oregon 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 Windermere Central Oregon Real Estate. Data last updated: .2024-06-19T23:48:51.897
 
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Windermere Central Oregon Real Estate
821 SW 6th st
Redmond OR, 97756
Listing provided courtesy of eXp Realty, LLC :.