924 Main St, Sweet Home, OR 97386

$950,000

35 Photos

Property Description

OWNER WILL CARRY! Rare opportunity to own a fantastic investment property located on Main Street in Sweet Home! This property features 8 total units, including 7 residential rental units and 1 commercial space ideal for an office or storefront. The property features a brand new roof and a strong history of long-term tenants with minimal turnover. With established rental income and opportunities for future revenue growth, this property offers both stability and long-term investment potential. Additional upside awaits in the spacious attic, offering over 900 square feet of bonus space that could potentially be converted into an additional rental unit, subject to city approval. A great opportunity for investors looking for established rental income with room to maximize their return!

924 Main St | MLS# 722048418

This multi-family property located at 924 Main St, Sweet Home, OR 97386 is currently listed for sale with an asking price of $950,000. Search Sweet Home real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Baseboard, Wall Furnace
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $7,677
Year Built: 1946
Square Feet: 3,608

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $800.00
Square Footage: 257
Total Units: 5
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, WasherDryerHookup
Rent: $627.00
Square Footage: 257
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $850.00
Square Footage: 565
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 3
Features: Range, Refrigerator
Rent: $1250.00
Square Footage: 987
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 3
Features: Range, Refrigerator
Rent: $1000.00
Square Footage: 771
Total Units: 1

Feature Descriptions

Days on Site: 12
Exterior: Lap Siding, T-111 Siding
Gross Income: $81684.00 (Actual)
Hot Water: Electricity
Net Income: $57140.00 (Actual)
Operating Expenses: $24544.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Special View Info: City
Units: 9
Water: Public Water

Local Schools

High School: Sweet Home
Middle School: Sweet Home
Elementary School: Hawthorne

Listed By / Shown By

Listed By

Agency Name: ICON Real Estate Group
Agency Contact: ICON@TheICONREGroup.com

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

$ 5,720.55 per month $4,803.72 Principal & Interest $639.75 Property Tax $277.08 Homeowner's Insurance

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