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Sold for $990,000 on 10/27/23
  • Listed by: 

    ASHLEY LACER CELL:541-231-7788,

    Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm

    Bought with: Non-Member Sale
    $990,000

    4642 Riverview Ave, West Linn, OR 97068

    8beds
    6baths
    3,351sqft
    Multi Family
    Built in 1942
    -- sqft lot
    $1,033,000 Zestimate®
    $295/sqft
    $1,949 Estimated rent

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    $5,770/mo

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    $5,770/mo

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    What's special

    Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2023 at 12:58pm

    Listed by:

    ASHLEY LACER CELL:541-231-7788,

    Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm

    Bought with:

    NOM NON-MEMBER SALE

    Non-Member Sale

    Source: WVMLS,MLS#: 809564MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Appliances
    • Included: Refrigerator
    • Laundry: Common Area
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,351
    • Total interior livable area: 3,351 sqft

    Property

    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.46 Acres
    Details
    • Zoning: R-4.5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: West Linn

    HOA & financial

    Other financial information
    • Total actual rent: 6200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value
    $1,033,000