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Listing 14 out of 19
Sold for $560,000 Sold

142 N College St
Monmouth, OR 97361

4 units | Multi Family Home - MLS# 17467616
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Sold

Sold for $560,000 on Jan 2, 2018

Description

Well maintained 4plex located 1/2 block from Western Oregon University. Very popular units with 11+ years of reliable rental history. Floor plan features large bedrooms, master suites, and walk-in closets. This investment is 100% leased and the property is turn key. No showings without an accepted offer. Please do not disturb the tenants. Ask about an additional 3 units also for sale. Listing Broker related to two of the Sellers.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $600,000
  • County/Area: Polk County
  • Zip Code: 97361
  • Year Built: 2005
  • Elementary School: Monmouth
  • Middle School: Talmadge
  • High School: Central
  • Sq.Ft.: 4,196 sq ft
  • Stories: 2-Story
  • Units: 4 units
  • Basement: Crawl Space
  • Garage: 8-Car
  • Lot Size: 7, 000 To 9, 999 Sqft
  • Zoning: Rh
  • Area: Polk Co: Except Salem
  • Exterior: Lap Siding, Vinyl Siding
  • Fuel: Electricity
  • Gross Income Actual: 42720
  • Gross Rent Multiplier: 14.04
  • Heating: Zoned
  • Hot Water: Electricity, Tank
  • Limited Representation: Full Service
  • Lot: Level
  • Net Income Actual: 32317
  • Occupancy Types: Leased
  • Operating Expenses Actual: 10403
  • Parking: Open, Paved
  • Roof Type: Composition
  • Selling Agent: NONRMLS
  • Selling Office: Non Rmls Broker
  • Sewer: Public Sewer
  • Tax Amount: 5274.64
  • Terms: Cash, Conventional
  • Unit Features: Dishwasher, Disposal, Refrigerator, Washer/Dryer
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Refrigerator, Washer/Dryer
  • Unit Type 1 Sq Ft: 1049
  • Unit Type 1 Units Total: 4
  • Utilities Included: Trash Collection, Landscaping
  • Water: Public
  • Year Built Info: Existing
  • Sold Price: 560000
  • Sold Date: 2018-01-02 00:00:00
Courtesy of Kithkin Real Estate

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Dana & Alan Burk PC
The Burk Team
Keller Williams Capital City

1900 Hines St SE Suite 220
Salem, OR 97301
Phone: 503-980-3335
Dana Cell: 503-409-5861
Alan Cell: 503-551-4688
Email: dana@lovelysalemhomes.com
Licensed in Oregon

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