Estimated payment $4,504/month
Fully occupied 5-plex in downtown North Bend. Each unit is 2 bedroom, 2 bath complete with W/D hookups. Gross income $64,748/year, expenses $22,889/year, including property management fees of $5180. 5.61% cap rate at $745K. If Self-Managed, annual expenses are $17,709 and the cap rate is 6.31% Excellent walkability to schools, shopping, and parks. Turn-key investment with good maintenance records, and a strong rental history in a high-demand area, with a consistent cash flow, and long-term potential. Excellent long term tenants are all willing to stay. Schedule your private showing now.
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| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $745,000 | -- | $150 / Sq Ft |
$751,000
Great Investment with good income and good tenants. This 6-plex in North Bend has six 2 bed 1 bath units with the living areas downstairs and the bedrooms upstairs. New paving in back. One apartment newly remodeled.As-Is.
Kim Nye Siskiyou Coast Realty
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 301905137
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