Rare investment opportunity in the up and coming town of Sutherlin with cap rate of 6.6% and room to grow. Great location apartment complex with 10 units. Easy access off Central in Sutherlin w/plenty of parking. Any buyer could manage themselves to get that cap rate up or keep the current property manager making it run on its own. Includes extra adjacent lot for more parking or add'l units. Call the Planning Dept. for details on adding units.
Closed
$725,000
1119 W Central Ave, Sutherlin, OR 97479
--beds
0baths
4,700sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 05, 2024 at 07:34pm
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220156255
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,700
- Total interior livable area: 4,700 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.46 Acres
Details
- Additional parcels included: R51662
- Parcel number: R51655
- Zoning description: C-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Sutherlin
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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