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    -1 NW Willamina Dr

    Willamina, OR 97396
    • $1,650,000
    • STATUS: Active
    • ON SITE: 8 Days
    • MLS #: 21307069
    UPDATED: 33 min ago
    $1,650,000
    • 7
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 9,540
      SQFT
    • $173
      $/SQFT
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Very solid rental with great rental history! Sale includes two tax lots, Duplex is less than one year old, 7 plex is 1975. New duplex units have own garages and high end finishes. 7 plex is townhome style apartments with on site laundry. New windows in all units and several units with upgrades. Well kept units with nice grounds and patios. Room for rent increases that could bring the Cap Rate to 5.66

    Monthly Payment Calculator



    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-10-20T06:40:09.907.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/122283420
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    -1 NW Willamina Dr Willamina, OR 97396

    • Price: $1,650,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 21307069
    7
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,540
    SQFT
    $173
    $/SQFT
    2020
    Built
    Neighborhood:
    156-Yamhill Co Includes Willamina
    County:
    Yamhill
    Area:
    156-Yamhill Co Includes Willamina
    Elementary School:
    Willamina
    Middle School:
    Willamina/Gr
    High School:
    Willamina
    Property Description
    Very solid rental with great rental history! Sale includes two tax lots, Duplex is less than one year old, 7 plex is 1975. New duplex units have own garages and high end finishes. 7 plex is townhome style apartments with on site laundry. New windows in all units and several units with upgrades. Well kept units with nice grounds and patios. Room for rent increases that could bring the Cap Rate to 5.66
    Exterior Features

    Exterior Description Cement SidingWood Siding Lot Description Level Lot Size 20000 Sqft To .99 Acres Parking Features AssignedGarage Roof Type Composition View YN No Water Description Public

    Interior Features

    Cooling Description None Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Type1 Sq Ft 1450 Unit Type2 Sq Ft 932 Unit Type3 Sq Ft 932

    Property Features

    Bank Owned YN No Capitalization Rate 5.14 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 122280 Gross Income Projected 131280 Gross Rent Multiplier 13.49 Net Income Actual 84870 Net Income Projected 93420 Occupancy Types Leased Operating Expenses Actual 31296 Operating Expenses Projected 31296 Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 6438.00 Third Party Approval YN No Unit Type1 Rent 1795 Unit Type1 Units Total 2 Unit Type2 Rent 1050 Unit Type2 Units Total 2 Unit Type3 Rent 900 Unit Type3 Units Total 5 Zoning R4

    Listing provided courtesy of Weichert, Realtors On Main Street.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-10-20T06:40:09.907.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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