Bought with Summit Services LLC
$1,150,000
$1,250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5,120 SqFt
SOLD DATE : 04/17/2025
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,120 sqft
Price per Sqft $224
MLS Listing ID 24193213
Sold Date 04/17/25
Year Built 1999
Annual Tax Amount $8,622
Tax Year 2023
Lot Size 0.300 Acres
Property Description
A great opportunity to own a well cared for pair of duplexes conveniently located in the heights. You can either enjoy the consistent cash flow coming in from the property, or harvest the upside by doing a condo conversion for a nice profit. (Buyer to do their own due diligence.) Just filled one unit at market rate at $2,200 per month and issued rent increases on the other three units. With rent increases the monthly gross income is $6,320 for the four units. Seller is doing a 1031 Exchange and Buyer is asked to cooperate at no cost to Buyer.Disclosure: Listing agent is related to Sellers.
Location
State OR
County Hoodriver
Area _362
Zoning UR3
Interior
Heating Wall Heater
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Middle Schools Hood River
High Schools Hood River Vall
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Broker | License ID: 201235300