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Off market
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    • Price Unknown

    711 SE Ford St, McMinnville, OR 97128

    12beds
    6,600sqft
    MultiFamily
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,232 Estimated rent

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    $2,232/mo

    Rent Zestimate®

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    What's special

    Immaculate completely remodeled 6-plex just blocks from the college! Built-in tenant pool with students and faculty which pretty much = virtually zero vacancy. Sellers completed remodel project in 2018 and the entire building was rented in days. Over 7% net ROI. Fully leased. Low maintenance. Excellent location.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Range
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 6,600 sqft

    Property

    Parking
    • Total spaces: 24
    • Parking features: Off-street
    • Details: Assigned, Guest
    Lot
    • Size: 0.34 Acres
    • Features: Level, Near Public Transit
    Details
    • Zoning: RES
    • Special conditions: HUD Owned

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1970
    • Major remodel year: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Trash Collection

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Mcminnville

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Zoning: RES
    • GarageYN: true
    • HeatingYN: true
    • NumberOfUnitsTotal: 6
    • CurrentFinancing: Conventional, Cash
    • StoriesTotal: 2
    • LotFeatures: Level, Near Public Transit
    • NumberOfUnitsInCommunity: 6
    • Heating: Wall Unit(s)
    • Utilities: Water Available, Sewer Available, Trash Collection
    • Basement: Crawl Space
    • YearBuiltEffective: 1970
    • ParkingFeatures: Assigned, Guest
    • OtherParking: Assigned, Guest
    • SecurityFeatures: Security Lights
    • InteriorFeatures: Range
    • SpecialListingConditions: HUD Owned
    • CapRate: 7.03
    • OperatingExpense: 16991
    • YearBuiltDetails: Remodeled
    • GrossIncome: 90792
    • GrossScheduledIncome: 90792

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