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About the Listing 1LDR01 - MARTINCT,LACERASH
Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.
Listing Highlights for 716 Pioneer Rd
Status
Active
Days on Site
267
Property Type
Multi-Family
MLS ®
24205581
Year Built
1991
Total Square Footage
5,696
Lot/Acreage
0.62
Interior Details
- Bedrooms: 12
- Bathrooms: 12 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: 7 car
- Parking Spaces: 6
- Zoning: R-2
- Roof: Composition
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: $7,046
- Taxes w/Assessments: N/A
- Tax/Property ID: R21617
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
716 Pioneer Rd Brookings, OR 97415
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