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Madras,OR 97741
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,684 sqft
Price per Sqft $189
Subdivision Palmain
MLS Listing ID 220204005
Year Built 1993
Annual Tax Amount $5,268
Lot Size 10,018 Sqft
Property Description
Residential Rental Property Downtown Madras, adjacent to City Park and Splash Park. This property has 2 Duplexes on 1 tax lot with 4 residential units total, 100% occupied. Each unit is 921 sq. ft., 2 bedrooms and 1 bathroom. These properties are professionally managed, and upgrades were completed as required over the years. They have been kept up nice.
Location is perfect for walking, biking, close to all downtown services, library, banks, restaurants, parks, bike/walking trail, and schools. Only one owner since the property was developed. County ''real market value'' above listed price. Great opportunity for an investor to start or expand current residential rental investments.
Location
State OR
County Jefferson
Community Palmain
Interior
Heating Wall Furnace
Cooling None
Exterior
Exterior Feature Courtyard
Parking Features Concrete,Driveway,On Street
Roof Type Composition
Building
Lot Description Landscaped,Level
Foundation Stemwall
Water Public
Structure Type Frame
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard