$777,000
SOLD OCT 11, 2024
-- Bed
-- Bath
6,568 Sq Ft
0.92 Acres

Recently Sold

$118 Per Sq Ft

3% Below List Price

96 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-Story Property
  • Laundry Facilities
  • No Heating

About This Home

As of October 2024

Good income producer. Nice country property convenient to the city. Surrounded by farms, nurseries and small businesses, backing to a school yard. Just under an acre with plenty of parking. Fresh paint on 3 buildings. Mostly long term tenants. Large garage/shop building, currently rented along with house, has plumbing. Buildings consist of: one commercial (barber shop), shop/barn, house, 3-plex, 4-plex, laundry building with bonus space. Zoning is Orient Commercial Industrial. Seller may consider carrying financing with 30% down, 6%, 10 year call, 20 year amortization. Recurring expenses from 2023: insurance-$6947, PGE-$848, water-$1911, garbage-$2670, gas-$104, landscaping-$1600, management-$10,235, prop tax(from 2022 year)-$7817. Do not go onto property without an agent and an appointment.

Last Agent to Sell the Property

Maria Sworske

Realty ONE Group Prestige License #960500071

Realty ONE Group Prestige

Last Buyer's Agent

Michael Galvin Jr.

Real Broker License #201207247

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,059

Year Built

  • Built in 1940

Lot Details

  • 0.92 Acre Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 6,568 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • East Orient Elementary School
  • West Orient Middle School
  • Sam Barlow High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R342194

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Property managed by 3rd owner is Geoff Rosebrook

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $34,813
  • Gross Income $103,583
  • Net Operating Income $68,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,059

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1940
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: MetalSiding,WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Block
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition, Metal, Rubber

Garage/Parking

  • Parking Description: OffStreet, Open
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 13.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: 3rd owner is Geoff Rosebrook
  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: East Orient
  • High School: Sam Barlow
  • Middle Or Junior School: West Orient

Lot Info

  • Zoning: OCI
  • Lot Size Acres: 0.92
  • Lot Size Sq Ft: 40075.0
  • Parcel #: R342194

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 8058.83

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 9
  • Gross Rent Multiplier: 7.72
  • Annual Gross Income: 103583.0
  • Property Net Operating Income: 68770.0
  • Annual Operating Expense: 34813.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $777,000 -2.9% $118 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $799,900 -- $122 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24355546

Regional Multiple Listing Service (RMLS)

APN: 1S4E19DA 00500