200 RAILROAD AVEMtAngel, OR97362

$2,600,000
12 total units
$213,048 annual income
Capitilization Rate: 5.79
SqFt10000to14999
Elementary School: St Marys
Middle School: Mt Angel
High School: Kennedy
Zoning: RM
515 days on market
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Price per unit$216.7K/unit
Time on market515 days
200 RAILROAD AVE (1 of 1)

Property Description

ASSUMABLE LOAN AT 3.96% RATE!!! Complete structural Renovation w/new certs of occupancy issued 11/13/2020 exempt from rent control until 11/2035! Turnkey cash flow positive w/12 fully renovated high efficiency units. All appliances included in each unit incl W/D & over-range microwaves! Property stays FULL due to very few rentals in area!! BRAND NEW ROOF COMPLETED 11/2022 w/FULL WARRANTY! Listing agent related to sellers. BACK ON MARKET THROUGH NO FAULT OF PROPERTY! Offering Memorandum in Assoc Docs.

{{ compliance-logo }}Listing Provided By Trilliant Property Management

Financial Data

Original Price$2,600,000
Current Price$2,600,000
Property Taxes$11,742

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Home Facts

StatusActive
Year Built1920
Stories2
Exterior Features
MLS ID22247881

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
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