Great investment property that cash flows well! Some interior work needed eventually but exterior has been updated with newer roof, siding and windows. Two 3 bedroom units, one 2 bedroom and one 1 bedroom. Always easy to rent in a growing community. Landlord pays water/sewer tenants pay other utilities.
Off market
$478,700
620 W Orchard Ave, Hermiston, OR 97838
9beds
4baths
3,300sqft
MultiFamily
Built in 1962
-- sqft lot
$478,700 Zestimate®
$145/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Other, Electric
Cooling
- Wall
Appliances
- Included: Dishwasher, Garbage disposal, Refrigerator
Features
- Windows: Window Coverings
- Basement: Partially finished
Interior area
- Total interior livable area: 3,300 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 0.25 Acres
- Features: Level, Corner Lot, Near Public Transit
Details
- Parcel number: 4N2810DB12900
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Hermiston
HOA & financial
Other financial information
- Total actual rent: 3495
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- RoadSurfaceType: Gravel
- Appliances: Dishwasher, Refrigerator, Disposal
- Zoning: MF
- HeatingYN: true
- Utilities: Electricity Connected
- CoolingYN: true
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Vinyl Siding, Lap Siding
- LotFeatures: Level, Corner Lot, Near Public Transit
- Cooling: Window Unit(s)
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Assigned
- RentIncludes: Water, Sewer
- WindowFeatures: Window Coverings
- OperatingExpense: 9600
- TotalActualRent: 3495
- CapRate: 7.52
- GrossIncome: 41940
- MlsStatus: Active
- Basement: Separate Living Quarters/Apartment/Aux Living Unit
- NetOperatingIncome: 32340
- TaxAnnualAmount: 3512.89
- Road surface type: Gravel
Services availability

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