OR > Tillamook
Tillamook, OR 97141,2214 5TH ST
Tillamook, OR 97141,2214 5TH ST
Tillamook, OR 97141,2214 5TH ST
Tillamook, OR 97141,2214 5TH ST
Tillamook, OR 97141,2214 5TH ST
Tillamook, OR 97141,2214 5TH ST
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Crystal Lindelien

Crystal Lindelien

+1(801) 631-2859
Listed by Kelly Right Real Estate of Portland, LLC
$ 699,950
Est. payment | /mo

11,444 SqFt

Save
$ 699,950
Est. payment | /mo
Save

11,444 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,444 sqft

Price per Sqft $61

MLS Listing ID 24520326

Year Built 1935

Annual Tax Amount $3,798

Tax Year 2023

Lot Size 10,890 Sqft

Property Description

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 just over $61,000/unit. Please do not disturb tenants, viewing of the property is only with an accepted offer.

Location

State OR

County Tillamook

Community Alllandscaping, Commons

Area _195

Zoning TM-C-C

Interior

Heating Wall Heater

Cooling Window Unit

Exterior

Community Features AllLandscaping, Commons

Garage No

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Liberty

Middle Schools Tillamook

High Schools Tillamook

Others

Acceptable Financing Assumable, Cash, Conventional, Other

Listing Terms Assumable, Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 631-2859

crystallindelien@gmail.com

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2214 5TH ST