Great Investment Opportunity. 6 stick-built homes located on 5+ acres. Main home is 1308 sq ft. 3bd, 2ba with a large garage and two unfinished bathrooms. 4 homes are 2bd, 1ba. A 1bd,1ba cottage. There is a large 30x50ft 4-door shop with car repair and detailing equipment. The property has pasture and a year-round creek. Sold "As-Is"
Off market
$490,800
818 Binder Rd, Elkton, OR 97436
6beds
1,308sqft
MultiFamily
Built in 1950
-- sqft lot
$490,800 Zestimate®
$375/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat pump
Cooling
- Wall
Appliances
- Included: Refrigerator
Features
- Range, Wood Stove
- Flooring: Hardwood
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,308 sqft
Property
Parking
- Parking features: Carport, Garage
- Details: Garage
Features
- Exterior features: Other
- Has view: Yes
- View description: Territorial
- Frontage type: Creek
Lot
- Size: 5 Acres
- Features: Level, Many Trees
Details
- Parcel number: R42975
- Zoning: 5R
- Special conditions: HUD Owned
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1950
- Major remodel year: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available, Sewer Available
Community & neighborhood
Location
- Region: Elkton
Other
Other facts
- Sewer: Septic Tank
- WaterSource: Well
- FrontageType: Creek
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 6
- Heating: Woodburning
- CurrentFinancing: Other, Cash, Call Listing Agent
- LotFeatures: Level, Many Trees
- NumberOfUnitsInCommunity: 6
- Utilities: Water Available, Sewer Available
- Basement: Crawl Space
- ParkingFeatures: Garage
- OtherParking: Garage
- YearBuiltEffective: 1950
- Zoning: 5R
- View: Creek/Stream, Trees/Woods
- InteriorFeatures: Range, Wood Stove
- SpecialListingConditions: HUD Owned
- GrossIncome: 25800
- ViewYN: Yes
- GrossScheduledIncome: 46800
- CapRate: 4.79
- OperatingExpense: 6685
Services availability

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