Bought with Non Rmls Broker
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Key Details
Sold Price $671,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,266 sqft
Price per Sqft $205
Subdivision River Trail Place
MLS Listing ID 23449357
Sold Date 04/19/24
Year Built 2023
Annual Tax Amount $868
Tax Year 2022
Property Description
Generate $4,300 in monthly rents with this BRAND NEW duplex. Single level 3 bedroom, 2 bath, 1,633 sqft per unit in an amazing location! Excellent location sited off of River Dr. between the Santiam River and Cheadle Lake Park, just steps from N. Shore Trail with walking trail access to the South Santiam River via Riverview Park. 3-5 month build time upon accepted offer. Hard to find Cap Rate at 5.5% on new build in comparable area, call to discuss!
Location
State OR
County Linn
Area _221
Zoning RM
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
View Park Greenbelt, Territorial
Roof Type Composition
Garage No
Building
Lot Description Cul_de_sac, Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Riverview
Middle Schools Seven Oak
High Schools Lebanon
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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