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  • $2,750,000

    107 W Alder St, Joseph, OR 97846

    3beds
    7,135sqft
    : 
    Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $-- HOA

    What's special

    Asphalt in the frontDuctless heat pump systemAstroturf backyardsLaminate floorsSoffit lightingCadet wall heaterGranite countertops
    This property features a total of 5 units designed for comfort, functionality, and low maintenance, with key highlights including:INTERIOR FEATURES- Each unit offers 3 bedrooms, 2.5 bathrooms, and 1,427 sq. ft. of living area, with an additional 273 sq. ft. garage.MODERN FINISHES: Laminate floors, granite countertops, and Astroturf backyards ensure durability and easy upkeep.CLIMATE CONTROL: Equipped with a ductless heat pump system for heating and air conditioning, supplemented by a Cadet wall heater.INSULATION: 10 inches of blown-in insulation in common walls for enhanced fire protection and privacy.FURNISHING & APPLIANCES: Units are sold fully furnished, including all furniture, bedding, kitchen appliances, a built-in dishwasher, and an extra-large washer and dryer.Unique Attributes:Zoned commercial for vacation rental use, ideal for investment purposes.Living areas are located on the second floor to maximize views of the Eagle Cap Mountains.Conveniently located within walking distance to downtown Joseph and the rodeo grounds.Exterior Features:LOW-MAINTENANCE MATERIALS: concrete sidewalks, asphalt in the front, and stunning soffit lighting for a warm, inviting nighttime appearance.Separate electrical meters for each unit, providing efficiency and convenience.OVERALL SIZE: The building spans 7,135 sq. ft. and is tailored to meet the needs of both long-term and vacation rental markets, making it a versatile and appealing property.PROJECTED CAP RATE OF 6.6 INVEST NOW AND TAKE ADVANTAGE OF THE 2025 PEAK SEASON.CALL FOR AN APPOINTMENT TODAY.
    89 days
    on Zillow
    |
    199
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 07, 2025 at 07:19am

    Listed by:

    Robin Despain 541-432-4060,

    Real Estate Associates

    Source: RMLS (OR),MLS#: 461254468MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Heating
    • Ductless, Heat Pump
    Cooling
    • Heat Pump, Wall Unit(s), Air Conditioning
    Appliances
    • Included: Refrigerator, Washer/Dryer, Electric Water Heater, ENERGY STAR Qualified Water Heater
    Interior area
    • Total structure area: 7,135
    • Total interior livable area: 7,135 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned, Off Street
    • Garage spaces: 5
    Features
    • Stories: 2
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Size: 5,662.8 Square Feet
    • Dimensions: 50 x 117
    • Features: Corner Lot, SqFt 5000 to 6999
    Details
    • Parcel number: 2948
    • Zoning: multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding
    • Roof: Composition
    Condition
    • New Construction
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Joseph

    Financial & listing details

    • Price per square foot: $385/sqft
    • Annual tax amount: $656
    • Date on market: 1/27/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 1500
    • Road surface type: Paved
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