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1675 NW 11th (and 1791-1795) St, Hermiston, OR 97838

$995,000

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Property Description

3.5% assumable seller carry financing highlights this rare chance to secure a multi-property investment package with stable in-place income. Comprising three lots sold together, the portfolio includes long-term tenants and professional management already established for a seamless transition. Property mix includes a 2 bed/1 bath home, a 4 bed/2 bath duplex, a 3 bed/2 bath home with a shop and leased RV space, plus another 2 bed/1 bath home. Ideal for investors seeking cash flow stability paired with an unbeatable rate. Members of selling entity are licensed Oregon real estate agents.

1675 NW 11th (and 1791-1795) St | MLS# 585856557

This multi-family property located at 1675 NW 11th (and 1791-1795) St, Hermiston, OR 97838 is currently listed for sale with an asking price of $995,000. Search Hermiston real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Window Unit(s)
Fuel Type: Electricity
Heating: Heat Pump
Roof Type: Composition
Stories: 1.0
Taxes: $8,067
Year Built: 1946
Square Feet: 5,670

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Rent: $1385.00
Square Footage: 1788
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1080.00
Square Footage: 1278
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1280.00
Square Footage: 1004
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $812.00
Square Footage: 800
Total Units: 2

Feature Descriptions

Days on Site: 32
Exterior: Wood Siding
Gross Income: $67505.00 (Actual)
Net Income: $51899.00 (Actual)
Operating Expenses: $15606.00 (Actual)
Parking: Driveway, RVAccessParking
Parking Notes: Driveway, RVAccessParking
Sewer: Septic Tank
Special View Info: Territorial
Units: 5
Water: Shared Well

Local Schools

High School: Hermiston
Middle School: Armand Larive
Elementary School: Rocky Hts

Listed By / Shown By

Listed By

Agency Name: SMI Commercial Real Estate LLC
Agency Phone: 503-390-6060

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,993.72 per month $5,031.26 Principal & Interest $672.25 Property Tax $290.21 Homeowner's Insurance

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