Views
Address
23475 HIGHWAY 99E Harrisburg, OR
Price
$ 775,000
Property Attributes
  • MLS#19415875
  • TypeMulti-Family
  • CountyLINN
  • CityHarrisburg
  • AreaLinn County
  • Zip97446
  • Style
  • Year Built1945
  • Taxes3042
  • Price$ 775,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7000
Listing Provided Courtesy Of:
Michael J. Jacobson
Property Description

16 rental units on 3.28 acres. Gross annual income is $81,000 with gross expenses of $31,400 leaving a net operating income of $49,560. 6.4% cap rate and 9.56 GRM. Expenses include sewer, insurance, taxes ($3042.87 for 2018), repairs & maintenance (est. at $250/Mo.), Onsite manager who receives free rent ($600/Mo.) and manager's utilities $320/Mo. Rents are VERY low and have upside potential!!

Elementary School Middle School High School
Harrisburg Elementary School Harrisburg Middle School Harrisburg High School
Price History
5/3/2020 Listed $775,000

General Features

Cooling None
Heating Zoned
MLS Area Linn County
Property Type Multi Family
Roof Composition
Sewer Other, Septic Tank
Terms Call Listing Agent, Cash, Conventional
Total Units 16
Video Tour Y/N No
View Valley
Zoning R3

Interior Features

Fueldescription Electricity
Hot Water Electricity
Sqftapproximatebuildingtotal 7000
Unit Features Range, Refrigerator, Unfurnished

Exterior Features

Exterior Description Lap Siding
Lot Features Level
Lot Size 3 to 4.99 Acres
View Y/N Yes
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97446

Price
AVG $780K
$780K
Taxes
AVG $3,042
$3,042
Visits
AVG 160
159
Year Built
AVG 1945
1945

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