160 SPRING STGardiner, OR97441

$874,900
3 total units
$25,200 annual income
Capitilization Rate: 2.5
SqFt0Kto2999
Elementary School: Highland
High School: Reedsport
Zoning: C2
485 days on market

VestorFilter™

Price per unit$291.6K/unit
Recent price drop$25,000
Time on market485 days

Property Description

Tri-plex w/charming 400 sq ft studios at $700/month per unit. Must be sold w/adjacent commercial bldg at 77231 US Hwy 101 (RMLS# 22596357) makes for unique living & rental situation. Commercial bldg has living, large work area (used for welding shop & art studio) w/display area for gallery, antique or retail business. 12'x7' windows face Hwy 101, 9' ceilings, small office, 1/2 bath & display shelves, all in 480 sq ft. Welding shop 820 sq ft w/12' ceilings & 10x10 insulted roll up door.

{{ compliance-logo }}Listing Provided By Berkshire Hathaway HomeServices NW Real Estate

Financial Data

Price ChangeDropped $25,000 on 07/24/2023
Total $25,000 drop
Original Price$899,900
Current Price$874,900
Property Taxes$1,052

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Home Facts

StatusActive
Year Built1966
Stories1
Exterior Features
MLS ID23496838

Unit Details

Unit 1