477 BROAD STMonmouth, OR97361
$630,000
2 total units
$40,800 annual income
Capitilization Rate: 5.81
3042 sq. ft
SqFt7000to9999
Elementary School: Monmouth
Middle School: Talmadge
High School: Central
Zoning: RM
370 days on market
VestorFilter™
Price per unit$315K/unit
Price per ft²$207.10/ft²
Time on market370 days
Property Description
2 Offers in hand. Rare Monmouth duplex within walking distance to Western Oregon University. Brand new roof - installed April 2023 & brand new vinyl flooring in Unit 479 - installed February 2023. 2018 remodel includes newer flooring + ext. paint + all appliances updated. Each spacious unit features 3 bedrooms, 2.5 baths, in-unit laundry, deep 1 car garage, off street parking & individual backyards. Professionally managed. One side is vacant with updates, the other side is rented. Generate cash flow with this income-generating investment or live in one unit & pay off your mortgage with rental income - so many possibilities!
{{ compliance-logo }}Listing Provided By eXp Realty, LLC
Financial Data
Date Sold2023-07-27
Sold Price$625,000
Original Price$617,167
Current Price$630,000
Property Taxes$4,590
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Home Facts
StatusSold
Year Built2006
Exterior Features
Garage
MLS ID23406083
Unit Details
Unit 1
Unit 2