Courtesy: Action Realty
541-884-3367
This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units. The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.
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Malin is located in Oregon. Malin, Oregon has a population of 889. Malin is more family-centric than the surrounding county with 51.84% of the households containing married families with children. The county average for households married with children is 27.21%.
The median household income in Malin, Oregon is $37,885. The median household income for the surrounding county is $42,531 compared to the national median of $57,652. The median age of people living in Malin is 33.1 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 17.2 inches per year, with 21.2 inches of snow per year.
