Active
2214 5TH ST
Tillamook OR, 97141
$699,950
$61.16 per sqft
Active
3 Beds
2 Baths
11,444 sqft
Multi-family
Built in 1935
Courtesy of Kelly Right Real Estate of Portland, LLC
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.
24520326
MLSⓇ ID
June 27, 2024
Listed
September 10, 2024
Updated
Map
2214 5TH ST
Tillamook OR, 97141
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit
Heating
No
Heating Description
Wall Heater
Exterior/Building Features
Lot Size
0.25 Acres
Sewer
Public Sewer
School Information
High School
Tillamook
Elementary School
Liberty
Other Property Details
Area Name
_195
Taxes
$3,798
Tax Frequency
Annually
Days on Market
75
Garage
No
View
No
County
Tillamook
Water Source
Public Water
Pool
No
Zoning
TM-C-C
Listing Courtesy of Kelly Right Real Estate of Portland, LLC, Manny Obi. 503-449-8334
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Made Out West Land Co. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 9/10/2024, 3:43 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
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