23475 Highway 99e, Harrisburg

$775,000

0 Beds
0 Baths
7,000 Sqft
0 Acres
0 Garages

16 rental units on 3.28 acres. Gross annual income is $81,000 with gross expenses of $31,400 leaving a net operating income of $49,560. 6.4% cap rate and 9.56 GRM. Expenses include sewer, insurance, taxes ($3042.87 for 2018), repairs & maintenance (est. at $250/Mo.), Onsite manager who receives free rent ($600/Mo.) and manager's utilities $320/Mo. Rents are VERY low and have upside potential!!

Essential Information
MLS® #19415875
Price$775,000
Square Footage7,000
Year Built1945
TypeMulti-Family
StatusActive
Community Information
Address23475 Highway 99e
AreaLinn County
CityHarrisburg
CountyLinn
StateOR
Zip Code97446
Amenities
ViewValley
Interior
HeatingZonal
CoolingNone
# of Stories1
Exterior
ExteriorLap Siding
Lot DescriptionLevel
RoofComposition Roofing
School Information
ElementaryHarrisburg
MiddleHarrisburg
HighHarrisburg
Additional Information
Date ListedAugust 22nd, 2019
Days on Market349
ZoningR3
Listing Details
OfficeMichael J. Jacobson
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
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Listing information last updated on August 5th, 2020 at 7:09am PDT.