1250 SW E St. Corvallis, OR 97330 i s located approximately 1 mile from the center of Oregon State University; .08 miles from Reser Stadium; 5 miles to Goss Stadium. Built in 1980, the property is comprised of the following residential units:
One - 3 Bedroom/1 Bathroom Unit
Five - 2 Bedroom/1 Bathroom Units
Two - 1 Bedroom/1 Bathroom Units
1250 SW E St, Corvallis, OR 97330 is being offered as a turn-key investment opportunity. All units are currently under lease with potential increase in cash flow by capitalizing on annual rental increases.
The property has an on-site laundry facility on the basement level that is under-utilized with two coin operated washer/dryer units.
The property features on-site parking for convenience and landscaped lawn areas. Units also feature balcony space for outdoor use at each level.
Tenants pay electric, as each unit is separately metered. Common-area meters include laundry space and outdoor lighting. Water is provided on a single meter to the property and could be prorated back to tenants on new lease structures.
Recent Appraisal on file with Listing Broker at List Price.