Updated and Well Maintained Duplex, Both Units are Rented! Current Rents Exceed $2000.00 a month. The Owner Will Consider Owner Carry with 30% Down and Approved Credit
Located In Vale Oregon! Minutes From Vale BLM Headquarters! 5 Plex! Excellent Income! Well Maintained! Long-Term Renters! Owner Will Carry With 30% Down and Approved Credit
Experience the epitome of convenience and opportunity in downtown Vale, Oregon! This meticulously maintained residential/commercial building offers a prime investment opportunity with multiple offices for rent and a spacious apartment. Nestled in the heart of the bustling downtown district, this property boasts high visibility and foot traffic, making it an ideal location for businesses. With its versatile layout and strategic location, seize the chance to elevate your investment portfolio and capitalize on the vibrant Vale market. Don't miss out on this rare gem – schedule your viewing today!
Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.
Vale is located in Oregon. Vale, Oregon has a population of 2,199. Vale is more family-centric than the surrounding county with 31.45% of the households containing married families with children. The county average for households married with children is 28.14%.
The median household income in Vale, Oregon is $37,448. The median household income for the surrounding county is $37,112 compared to the national median of $57,652. The median age of people living in Vale is 32.2 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 10.9 inches per year, with 8.4 inches of snow per year.
