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Property Description

This is a real value-add property with rents on most units that can be raised. Property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.

Features
: Baseboard
: Window/Wall Unit
22
Appliances
: All units
: All units
: Community Use
: No units
Address Map
US
OR
Malheur
Ontario
97914
305 NW 8th Ave
W117° 2' 8.5''
N44° 2' 9''
Schools
Ontario School District 8C
Ontario
Ontario Jr High
Ontario
Additional Details
Active
Apartment
2023
$7,539
No
18
51 - 80 Years
No
No
No
10000SF - .49
No
Not Applicable
: Concrete, Foundation - Crawl Space, Vinyl Siding
: Other
: City service
: All Units
: 5+ units

Residential Income For Sale

305 NW 8th Ave, Ontario, Oregon 97914

13,420 SqFt
Visits : 1 in 4 days
$2,200,000
Listing ID #98921892
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Status : Active
Listing ID : 98921892
Price : $2,200,000
Apx SqFt : 13,420 SqFt
Year Built : 1970
Days on Market : 3
Subdivision : 0 Not Applic.
Update Date : 08/29/2024 06:01:08
Contact Agent
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