Listing Details


LISTING
MLS#98668786Asking Price$385,000
ClassResidential IncomeListing Date08/28/2017
TypeApartment#Units21
AreaOntario - 1600#Parking
Address122 NW 3rd AveLand Use5+ Units
City, StateOntario, ORAge51 - 80 Years
County, ZipMalheur, 97914Apx SqFt5798
 
CONTACT

 
REMARKS
Great Investment Property, 21 units with room for expansion! With a CAP rate of 11+%, this Ontario property has great cash flow! Several different size units, many have updated windows, paint, flooring and bathroom upgrades, some have appliances included. One building is scheduled to be torn down soon, creating room for additional unites. Good house manager on-site, shop with materials and tools for upkeep of property. These units are currently full, have a great rental history and rent very quickly!
 
DIRECTIONS
From N Oregon St, R on NW 5th Ave to Property
 
GENERAL
Year Built1960
Price Per SqFt$66.40
School DistrictOntario School District 8C
Elem SchoolOntario
Jr HighOntario Jr High
Sr HighOntario High
CountyMalheur
Subdivision0 Not Applic.
 
RESIDENTIAL INCOME
Garage Type
Stove/RangeSome Units
Disposal
RefrigeratorSome Units
Washer/Dryer
Washer/Dryer Hookup
LotSidewalks
 
FEATURES
Cooling
HeatingElectric, Gas
Structure
ConstructionFrame
Roof
Water
Sewer
 
LEGAL
Local Improvement District?No
Flood Ins Required?No
CountyMalheur
MLS Parcel Number4600
Legal DescriptionLengthy, on file with Listing Office
Listing BrokerSilverhawk Realty, Fruitland
 
DISPLAY ON GOOGLE EARTH?
No.  This property is located outside of Ada and Canyon counties, Idaho.