229 MORELAND AVE Drain, OR97435
$315,000
2 total units
4 total bedrooms
2 total bathrooms
$26,100 annual income
Capitilization Rate: 8.04
1700 total sq. ft
3,000 to 4,999 SqFt
Elementary School: North Douglas
Middle School: North Douglas
High School: North Douglas
Zoning: R-101
943 days on market
VestorFilter™
Price per unit$157.5K/unit
Price per ft²$185.29/ft²
Price per acre$4.47M/ac
Price per bedroom$78.8K/bed
Time on market943 days
Property Description
Now available! Two tastefully updated cottages on one lot in the heart of Drain! Turnkey investment opportunity with a solid rental history & a great cap rate. Perfect fit for buyers looking for a multi-generational living opportunities. Both homes have been fully updated & remodeled. Each with spacious fully fenced backyards. Do not miss this one! Please do not disturb the tenants. Interior showings only after accepted offer. Rental history available by request.
{{ compliance-logo }}Listing Provided By eXp Realty LLC
Financial Data
Date Sold2021-10-22
Sold Price$315,000
Original Price$299,900
Current Price$315,000
Property Taxes$1,573
Find On Map
Home Facts
StatusSold
Year Built1948
Exterior Features
MLS ID21544635
Unit Details
Unit 1
Unit 2
