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Listed by SMI Commercial Real Estate LLC
$ 1,295,000
Est. payment | /mo
6,888 SqFt
$ 1,295,000
Est. payment | /mo
6,888 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,888 sqft
Price per Sqft $188
MLS Listing ID 567082921
Year Built 1971
Annual Tax Amount $5,975
Tax Year 2024
Lot Size 0.360 Acres
Property Description
Townhome-style 6-plex, all 3 bed, 1.5 baths, built in 1971 with a total of 6,880 sq. ft. in Dallas OR. All units have been renovated in the last few years, and roof is currently being replaced. Property is operating at a 6.13% cap rate on actuals, with an easy 7.08% when the last three units are brought to market rent. Located right across Holman St from Dallas High School, with quick access to other community amenities.
Location
State OR
County Polk
Area _167
Zoning RH
Interior
Heating Other
Cooling Other
Exterior
Garage No
Building
Story 6
Sewer Public Sewer
Water Public Water
Level or Stories 6
Schools
Elementary Schools Oakdale Hts
Middle Schools Lacreole
High Schools Dallas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Tamiko K Warren
Principal Broker | Owner | Lic# 200210172