202-236 SW 5th St, Corvallis, OR 97333

Description: This property consists of 3 separate buildings. The primary residence is a charming 3 bedroom 1 1/2 batch Dutch Colonial Revival 1905 Sears mail order house. This house is used as our primary residence. The second is a very large 1,250 sqft 2 bedroom 1 1/2 bath apartment. The third is a small commercial building. Property located at a premium downtown location. Zillow is not picking up the right parameters and thus has undervalued the property. The house would rent for $1,800 to $2,000, the apartment $1,200 to $1,400 and the building $895 to $995. Zillow only shows $1,800 total in the evaluation and then estimates the property would rent for $1,600. Not even sure where they got those figures. You could rent all out for $3,895 to $4,395 or live in the house or apartment and have the rents help pay the mortgage which has worked well for us. The property is zoned commercial and is ideal for home occupation, retail, offices, etc. 4 off street parking spaces. One short block to the courthouse. Close to post office, city park, library, river front, restaurants, etc. Downtown and yet set back for quiet private setting. The house has a 7 foot high 700 sq ft basement with cement floor, rock foundation walls and unfinished ceiling. Basement not included in 3,050 sq footage. See CommunityBulletinBoard.com for more info and pictures., Please, do not disturb occupants. By appointment only. No agents please.