John & Lucette, Cottage Grove / South Lane / North Douglas Real Estate
John & Lucette Reaksecker
 
Listings | Search RMLS Listings | Relocation
Agency Disclosure | Contact Us

Office: (541) 683-6241
Fax: (541) 683-6684
Toll Free: (800) 843-5684
Email: a1@oip.net

207 S Main St, Drain, OR 97435 ID# 10009388
$ 210,000     SOLD! $ 195,000 (Cash)

9 Pictures:   Previous Slide   Next Slide

8 extra Pictures
 
Printable Flyer Printable Flyer
Send a Friend Send to a Friend
Request Information More Information
Show Google Map for this PropertyGoogle Map to Property
Investor's Small Town 8-Plex!!!
DO THE NUMBERS - THIS 8 PLEX SHOULD YIELD ABOUT A "10 CAP" - THAT'S A 10 PERCENT RETURN ON YOUR INVESTMENT AFTER EXPENSES. Long History as a low cost rental with a very low vacancy rate. Operating data available. Remodeled, Well Insulated, Metal Roof, Clean and Bright.
Details
Property Type: Residential Income Beds: 8
Style: 8-Plex Baths: 8.0
Year Built: 1948 (Approximately) Lot Size: Medium
Neighborhood: North Douglas Taxes: $ 1,246.63
Terms: CASH,CONV,OTHER
Zoning: R2
Schools: High: NORTH DOUGLAS, Mdl: NORTH DOUGLAS, Elem: NORTH DOUGLAS
Listing Agent: John Reaksecker, A1-Reality
Financial Information
# of Units: 8
Gross Income: $ 30587.00
Gross Rate: 6.87 %
Directions & Geography
Directions: Show Map for this Property Hwy 99 into Drain, East on B Street then South on Main Street
Lat/Lon: 0.000000 / 0.000000
Features
Building SQFT: 4000
Cooling: Other
Exterior: Shingle
Fuel: Electric, Electricity
Heat: Baseboard
Hot Water: Electric, Electricity
Investor Information: Tax Returns Available, Utility Records Available, Leases
Occupancy Types: Month to Month
Parking: Off Site, Paved
Possession: Possession Subject to Tenancy
Roof Type: Metal
Sewer: Public
Tax Deferral: N
Unit 1 Features: Range, Refrigerator, Window Coverings
Unit 2 Features: Range, Refrigerator, Window Coverings
Utilities Included: Garbage, Water
View: City
Water: Public
Information deemed reliable but not guaranteed and should be independently verified. Listings on this website are updated daily. Data relating to real estate for sale on this web site comes substantially from the RMLS(tm) of Portland, Oregon. Listing data is copyright © 2009 RMLS(tm), Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Neither listing party(s) nor this service or its members shall be held liable for typographical errors, misinformation or misprints. 2010-09-08; ©1995-2009 OIP.NET