210 NE 5TH AVEMillCity, OR97360

$525,000
$41,196 annual income
3120 sq. ft
0.17 acres
SqFt7000to9999
Zoning: Multi
383 days on market

VestorFilter™

Price per ft²$168.27/ft²
Price per acre$3.09M/ac
Time on market383 days

Property Description

Check out this great opportunity to buy a two story 5 unit apartment complex in Mill City. Featuring 1 and 2 bedroom units sized between 390sqft - 780sqft allowing for flexible renting options. Located in a beautiful neighborhood just 40 minutes from Salem and 20 minutes from Stayton. Reliable tenants and property management are already in place. Gas, water, sewer, garbage, and electric are paid by tenants. Cap is estimated to be around 6%. Do not disturb tenants.

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Financial Data

Date Sold2023-06-12
Sold Price$525,000
Original Price$525,000
Current Price$525,000
Property Taxes$2,629

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Home Facts

StatusSold
Year Built1970
Stories2
Garage
MLS ID23689879