Fred Gernandt

1110 Alabama Street

Bandon, OR 97411

License #: 780501133

Fred Gernandt

David L. Davis Real Estate

Office: (541) 290-9444
Toll Free: (800) 835-9444
Mobile: (541) 290-9444


Property Showcase

23475 HIGHWAY 99EHarrisburg, OR 97446 0

$775,000
Multi-Family
Status: Active
  • Sqft:
  • MLS#: 19415875
44.278568267822266-123.16716766357422
Courtesy Of Michael J. Jacobson

Description:

16 rental units on 3.28 acres. Gross annual income is $81,000 with gross expenses of $31,400 leaving a net operating income of $49,560. 6.4% cap rate and 9.56 GRM. Expenses include sewer, insurance, taxes ($3042.87 for 2018), repairs & maintenance (est. at $250/Mo.), Onsite manager who receives free rent ($600/Mo.) and manager's utilities $320/Mo. Rents are VERY low and have upside potential!!

Main Features:

Listing Status Active Year Built 1945
Floors 1 School District Harrisburg
School District2 Harrisburg School District3 Harrisburg
County Linn Taxes $3,042.87
Rental Price $0 Units 16
Zoning R3

Additional Features:

Cooling NONE
Exterior Lap Siding
Heating Zoned
Heating Fuel Electricity
Hot Water Electricity
Investor Information According to Owner
Limited Representation Full Service
Lot Description Level
Lot Size Range 3 to 4.99 Acres
Occupancy Month to Month
Offering Type Call Seller's Agent
ParkingFeatures Open
Price Type List Price
Roof Composition
Sewer Type Other
Septic Tank
Storage None
Terms Call Listing Agent
Cash
Conventional
Unit 1 Features Range
Refrigerator
Unfurnished
Unit 2 Features Range
Refrigerator
Unfurnished
Unit 3 Features Range
Refrigerator
Unfurnished
Unit 4 Features Range
Refrigerator
Unfurnished
Unit 5 Features Range
Refrigerator
Unfurnished
Unit Features Range
Refrigerator
Unfurnished
View Valley
Water WELL

Extra Features:

Cap Rate 6.39 Gross Income 81000
Legal Description MF1356-267 Net Operating Income 49560
Operating Expense 31440 Short Sale YN No
Tax ID 0322350

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Fred Gernandt are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date below. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
"Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS..."
Listing content is copyright © 2020 RMLS™ of Portland, Oregon. All Rights Reserved.
Last Updated On: 2/26/2020 12:23:38 AM

23475 HIGHWAY 99E, Harrisburg, OR 97446

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Fred Gernandt are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date below. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
"Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS..."
Listing content is copyright © 2020 RMLS™ of Portland, Oregon. All Rights Reserved.
Last Updated On: 2/26/2020 12:23:38 AM

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David L. Davis Real Estate

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Cell:(541) 290-9444
Business:(541) 347-9444

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David L. Davis Real Estate

Fred Gernandt

1110 Alabama StreetBandonOR97411
Cell:(541) 290-9444
Business:(541) 347-9444
Fax:(541) 610-1519
License #:780501133

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