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Listing Courtesy of: 541-432-4060 - Robin Despain - Real Estate Associates
541-432-4060
For Sale
$449,000
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306 NW 1ST St Enterprise, OR 97828
Single Family
Residence
1
Beds
2
Baths
1/2
Bed/Bath
1,180
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Charming Investment Property Zoned for Short-Term Rentals in Downtown EnterpriseLocation: Nestled just minutes from downtown Enterprise, this property is ideally zoned for short-term rentals, making it a prime opportunity for both tourists and business travelers. Whether you're looking for a vacatio...n rental investment or a property with steady income potential, this location offers exceptional appeal.**Property Setup:** This versatile property features two separate units:- **1-bedroom, 1-bath** unit- **studio with a bath** Perfect for renting one unit and living in the other, or renting both units for maximum income potential. The flexible layout offers endless opportunities.**Income Potential:** With a proven rental history and current cap rate of over 8%, this property offers a reliable and solid return on investment. It's a great choice for those looking to add a profitable short-term rental to their portfolio or enter the rental business.**Extras:** - **Two-car garage** for added convenience - **Additional shed** for extra storage - Ample space for **boat and RV parking**, appealing to renters with recreational vehicles. These features not only enhance the property's usability but also add significant value for renters, increasing overall appeal.**Growth Potential:** The property has notable **growth potential**, with opportunities to increase revenue through strategic pricing or upgrades. The increasing demand for short-term rentals in this area makes it an ideal choice for capitalizing on future trends.**Don't miss out on this exceptional investment opportunity**—contact us today to schedule a showing!
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MLS#
157984943
Property Type
Single Family
Status
Bedrooms
1
Bathrooms
Year Built
2008
Square Feet
1,180
sq. ft
Lot Size
0.19
Sewer
Public Sewer Available
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