635 SW TICHENOR ST Clatskanie, OR97016

$680,475
8 total units
4 total bedrooms
2 total bathrooms
$84,000 annual income
Capitilization Rate: 6.00
7500 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Clatskanie
Middle School: Clatskanie
High School: Clatskanie
Zoning: R-5
1029 days on market

VestorFilter™

Price per unit$85.1K/unit
Price per ft²$90.73/ft²
Recent price drop$519,525
Price per acre$1.45M/ac
Price per bedroom$170.1K/bed
Time on market1029 days

Property Description

Rare investment opportunity to own 8-plex in quiet, reputable area of homes and recreation. These units are in meticulous condition and very well maintained inside and out. Some units are fully remodeled, others partially updated. Some are very long term tenants! This multi-family is ideal for the next investor looking for a stable producer with room to improve even more. ML# 21412438 & 21661287 must be sold together with this listing. New roofs just installed.

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Financial Data

Date Sold2021-12-01
Sold Price$680,475
Price ChangeDropped $519,525 on 12/01/2021
Total $519,525 drop
Original Price$1,200,000
Current Price$680,475
Property Taxes$3,804

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Home Facts

StatusSold
Year Built1966
Stories2
Exterior Features
MLS ID21307700

Unit Details

Unit 1
Unit 2