620 SW 2ND ST Corvallis, OR97333
$706,875
7 total units
1 total bedrooms
2 total bathrooms
3084 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Adams
Middle School: Linus Pauling
High School: Corvallis
Zoning: CVB
812 days on market
VestorFilter™
Price per unit$101K/unit
Price per ft²$229.21/ft²
Price per acre$10.03M/ac
Price per bedroom$706.9K/bed
Time on market812 days
Property Description
7 units on the west side of 2nd Street in downtown Corvallis. (3) 1 bed / 1 bath units and (4) Studios with an onsite laundry room and (4) off-street parking stalls. New roof - December 2021. Owner pays all utilities. Current NOI at $36,200, actual 5.0 cap. Projected NOI at $43,172 once rents are at market.
{{ compliance-logo }}Listing Provided By SMI Commercial Real Estate LLC
Financial Data
Date Sold2022-04-19
Sold Price$706,875
Original Price$725,000
Current Price$706,875
Property Taxes$2,762
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Home Facts
StatusSold
Year Built1910
Green/Energy SupplementNo
MLS ID22266880
Unit Details
Unit 1
Unit 2
