110 C St - Multi-Family FOR SALE


Rainier, OR 97048
$399,000 USD
503-543-8216
110 C St, Rainier, OR for Sale
$399,000 USD
Multi-Family - FOR SALE
1/14
null | 4.87% Cap Rate

110 C St
Rainier, OR 97048


HIGHLIGHTS

  • Right in the heart of Rainier
  • Large upside potential with rents
  • Newer roof, HVAC and decks

OVERVIEW

Large upside in this well maintained triplex in the heart of Rainier!! This property features a well designed duplex and a stand alone third unit! Both units of the duplex are rented with long term tenants in place the 3rd unit is empty and would need to be finished being converted. Third unit was previously a garage that has been started being converted with a full bathroom, laundry hook-ups, refrigerator, and so much space could potentially be 2 bedrooms. Owner pays for water and sewer, tenants pay for power and garbage! Both units of the duplex are very nicely laid out 2 bed 1 baths with a 2 year old roof and newer mini split systems

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

3

PRICE/UNIT

$133,000

CAP RATE

4.87%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

110 W C St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R3

APN/PARCEL ID

18213

ASK ABOUT THIS PROPERTY

Dennis O'BrienRE/MAXMore Info
503-543-8216

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Dennis O'BrienRE/MAXMore Info
503-543-8216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.