$850,000
Active
24 Days Online
0 Beds0 Baths11,444 SQFT
Active

2214 5th St Tillamook, OR 97141

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Investor Opportunity! New owner can set the rents. Currently 8 of the 13 units at the property are renovated and vacant, 4 of the units are rented at $714/month each and one unit is in need of repair. A new owner could achieve a 10% cap rate by just filling the renovated units, no extra work needed. The exterior has new paint, gutters and siding. The renovated interiors have new LVP floors, paint, windows and cabinets. Don't miss this opportunity to purchase at $72, 307/unit.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyTillamook
  • Taxes$3,798
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive
  • MLS ID Number24285468
  • Home Size Source N/A
  • Year Built1935
  • Lot Size0.25 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Sewer Public Sewer
  • Water Public
  • Attached Garage No

Interior Features

  • Heating Baseboard
  • Stories 3

Community Features

  • HOA Includes SewerTrash CollectionWater

Schools

School District
Unknown
Elementary School
Liberty
Middle School
Tillamook
High School
Tillamook

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Monthly Payment (Est.)

$4,501
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