Bought with Premiere Property Group, LLC
$540,000
$640,000
15.6%For more information regarding the value of a property, please contact us for a free consultation.
75 HIGHWAY 101 ALT Warrenton, OR 97146
3,184 SqFt
Key Details
Sold Price $540,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $169
MLS Listing ID 24237588
Sold Date 07/10/24
Year Built 1945
Annual Tax Amount $2,158
Tax Year 2023
Lot Size 0.280 Acres
Property Description
Rare Investment Opportunity: 6-Unit Apartment Complex on 2 Tax Lots. Investors, seize the chance to own a lucrative piece of real estate with this exceptional 6-unit apartment complex spanning across 2 tax lots. Nestled in a thriving community, this property offers immense potential for rental income, development, or expansion, making it a standout opportunity in today's market. With a strong rental history and high occupancy rates, this apartment complex presents a reliable source of passive income for investors. The diverse mix of unit sizes appeals to a broad tenant demographic, ensuring consistent cash flow and minimal vacancy risk. Whether you're a seasoned investor looking to expand your portfolio, a developer seeking a prime redevelopment opportunity, or a first-time buyer entering the real estate market, this property offers the flexibility to accommodate various investment strategies and goals. Property includes a covered common area, large grassy backyard and garage for owner storage.Don't miss out on this rare opportunity to acquire a versatile 6-unit apartment complex on 2 tax lots with immense potential for growth and profitability. Contact me today with any questions!
Location
State OR
County Clatsop
Area _181
Zoning C1 / RH
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Warrenton
Middle Schools Warrenton
High Schools Warrenton
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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