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About the Listing 1JSM01 - AARONSON
If you're in need of a low maintenance, highly profitable, centrally located 8-plex close to the coast & walking distance to the iconic Chetco Point, this is the one for you! At list price, this turn-key asset operates at a strong 7% CAP Rate (includes projected rent from owners unit). Seven of the units offer spacious 2 bed, 1 bath open floorplans and one of the units is a 1 bed, 1 bath. Coin operated laundry room generates consistent ancillary income. Rents are currently $1325, $1320, $1418, $1250, $1450, $1295, $825.50, & owners remodeled premium unit (beautifully updated in 2022-2023) is expected to rent at $1500 per month. Owner pays for sewer, water, & trash. Each unit has its own power meter (tenants pay for their own electricity) & detached carport includes 1 dedicated covered parking space to each tenant. Owner spared no expense after purchasing this property by painting the exterior, remodeling multiple units, & much more!
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
381662052
Year Built
1973
Total Square Footage
6,812
Lot/Acreage
N/A
Interior Details
- Bedrooms: 64
- Bathrooms: 36 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: R3
- Roof: Composition,Membrane
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Carport,Driveway
Financial Details
- Tax Amount: $3,939
- Taxes w/Assessments: N/A
- Tax/Property ID: R17660
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
529 Railroad St Brookings, OR 97415
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