342 NW 12TH ST new

Corvallis,OR 97330

$ 819000

- Bed

- Bath

2880 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $284

MLS Listing ID 172341867

Year Built 1922

Annual Tax Amount $5,247

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

The Owner says this property is a cash cow- It will continue to be your cash cow. Per owner: there's only been one vacancy in the last 29 years, with a history of tenants staying 2 to 3 years: low cost high occupancy property; over $30,000 in remodeling and capital improvements in the last two years; proactive electrical and plumbing tune-up $13,000 to prevent repair calls later; new Roof approx. $20,000 done in 2022. Currently under professional property management with Duerksen Property management.

Location

State OR

County Benton

Area _220

Zoning RS-9

Rooms

Basement Finished, Full Basement, Separate Living Quarters Apartment Aux Living Unit

Interior

Heating Baseboard, Wall Heater

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Garfield

Middle Schools Linus Pauling

High Schools Corvallis

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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