253 NE 2nd ST, Pilot Rock, OR 97868

$184,900
List Price
$184,900
Days on Market
1
MLS#
21624089
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Umatilla Co: S - Pilot Rock, Ukiah
Status
Active

Property Description

INVESTOR ALERT!! Fully Leased Duplex with two 2 bed/1 bath units! Gross rent is currently at $1455 a month! This opportunity will cash flow immediately. Would also be a great opportunity to live in one unit and rent the other to help offset your mortgage payment! RARE multifamily opportunity in this market! Don't wait on this one!

Additional Information

Tax Amount
$1,638
Year Built
1972
High School
Pilot Rock
Elementary School
Pilot Rock
Middle School
Other
Terms
Cash, Conventional
Fuel Description
Geothermal
Heating Description
Forced Air
Exterior Description
Wood Siding
Roof Type
Tar/Gravel
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
1763
Capitalization Rate
8.56
Operating Expenses Actual
1638
Gross Income Actual
17460
Gross Rent Multiplier
10.59
Net Income Actual
15821
Occupancy Types
Leased
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
825
Unit Type One Sq Ft
881
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
630
Unit Type Two Sq Ft
881
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Christianson Realty Group.

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