41302 HWY 30 Baker City, OR97814

$360,000
7 total units
8 total bedrooms
5 total bathrooms
$60,500 annual income
Capitilization Rate: 8.82
6373 total sq. ft
1 to 2.99 Acres
Elementary School: Brooklyn
Middle School: Baker
High School: Baker
Zoning: CG
3521 days on market

VestorFilter™

Price per unit$51.4K/unit
Price per ft²$56.49/ft²
Recent price drop$65,000
Price per acre$360K/ac
Price per bedroom$45K/bed
Time on market3521 days

Property Description

The Blue Ridge Apartments include a combination of 1 and 2 bedroom units, and a 4 bedroom separate house. This 1.91 acre property is in the county, but on the edge of town. The multiplex has a high occupancy rate. With easy access and great mountain views, the Blue Ridge offers a solid revenue stream and potential for additional development.

{{ compliance-logo }}Listing Provided By Baker City Realty, Inc.

Financial Data

Date Sold2021-12-15
Sold Price$360,000
Price ChangeDropped $65,000 on 12/19/2021
Total $85,000 increase
Original Price$275,000
Current Price$360,000
Property Taxes$2,198

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Home Facts

StatusSold
Year Built1950
Stories1
Green/Energy SupplementNo
MLS ID14298288

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4