Courtesy: Kelly Right Real Estate of Portland, LLC
503-719-6056
Investor Opportunity! New owner can set the rents. Currently 8 of the 13 units at the property are renovated and vacant, 4 of the units are rented at $714/month each and one unit is in need of repair. A new owner could achieve a 10% cap rate by just filling the renovated units, no extra work needed. The exterior has new paint, gutters and siding. The renovated interiors have new LVP floors, paint, windows and cabinets. Don't miss this opportunity to purchase at just over $61,000/unit. Please do not disturb tenants, viewing of the property is only with an accepted offer.
Courtesy: King Realty
503-842-5525
Great investment opportunity! This is your chance to own a nice duplex, a well maintained home, and a double wide manufactured home. 3501 is the duplex built in 2003 with a total of 1860 sq ft (930' per unit). Rents are $1,200 & $1,125 per month. 3413 is an older home built in 1930, updated to the 70's with 1966 sq ft and 4 bdrms, 2 baths. Rent is $1050. The back unit, 3417 Maple is a 1999 manufactured home w/ 2 bdrm, 2 bath and is a separate parcel w/ driveway access between the two units
Tillamook is located in Oregon. Tillamook, Oregon has a population of 5,085. Tillamook is more family-centric than the surrounding county with 24.4% of the households containing married families with children. The county average for households married with children is 21.56%.
The median household income in Tillamook, Oregon is $33,393. The median household income for the surrounding county is $45,061 compared to the national median of $57,652. The median age of people living in Tillamook is 34 years.
The average high temperature in July is 68 degrees, with an average low temperature in January of 37.3 degrees. The average rainfall is approximately 60.6 inches per year, with 0.2 inches of snow per year.
