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.
Active
$745,000
2109 Harrison St, North Bend, OR 97459
10beds
4,960sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$150/sqft
$-- HOA
What's special
- 78 days
- on Zillow |
- 198 |
- 13 |
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