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Barbara Barany

Barbara Barany
Coldwell Banker Dick Dodson Realty
Madras, OR 97741

541-771-1739
Contact Me

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Listing 11 out of 43
Sold for $174,500 Sold

227 Southeast 6th Street
Madras, OR 97741

3 units | Multi Family Home
2614 sq ft lot - MLS# 201706844
Property Photo
1/20

Sold

Sold for $174,500 on Nov 13, 2017

Description

Excellent opportunity to own an income producing property. This downtown building is zoned commercial, but has always been used as a mixed use property with Office/Retail on the lower level & a large 2 bedroom apartment upstairs, and a studio on the lower level behind the retail space as well as a large storage room, which could also be rented out. Low maintenance building with updated furnace & plumbing. New windows. Great live/work space or profitable rental.

Features

  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Sold
  • Listing Price: $189,900
  • County/Area: Jefferson County
  • Zip Code: 97741
  • Year Built: 1952
  • Elementary School: Madras
  • Middle School: Jefferson Co
  • High School: Madras
  • Sq.Ft.: 2,756 sq ft
  • Style: Contemporary
  • Stories: 2 Story
  • Units: 3 units
  • Bedrooms: 2
  • Baths (full): 3
  • Total Baths: 3.00
  • Acres: 2614 sq ft lot
  • Zoning: C2
  • # of Uncovered Prkng: 5
  • Addition: Madras
  • Bathroom: Shower and Tub, Stall Shower
  • Construction: Brick/Block
  • Electric Company: PP&L
  • Est. Gross Op Income: 20520.00
  • Est. Net Op Income: 16324.00
  • Est. Total Expenses: 4196.00
  • Excluded 1: Tenants belongings in Studio
  • Existing Water: City
  • Floors: Carpet, Vinyl
  • Foundation: Slab
  • Heat/Cool: AC-Wall, Natural Gas, Forced Air, Wall
  • Included 1: Refrigerator, micro & AC in Upper Unit
  • Included 2: Workbench in Storage
  • Interior: Floor Plans-Variable
  • Kitchen: Brk Counter/Bar, Microwave, Range/Oven, Refrigerator
  • Lot Square Footage: 2614.00
  • Parking: Uncovered Parking
  • Roof: Membrane
  • Section: SE
  • Sewer/Septic: City Sewer
  • Unit 1: Studio
  • Unit 1 Baths: 1.00
  • Unit 1 Rent: 300.00
  • Unit 1 SQ. FT: 250
  • Unit 2: Apartment
  • Unit 2 Baths: 1.00
  • Unit 2 Bedrooms: 2
  • Unit 2 Rent: 700.00
  • Unit 2 SQ. FT: 1375
  • Unit 3: Commercial Retail or Office space
  • Unit 3 Baths: 1.00
  • Unit 3 Rent: 675.00
  • Unit 3 SQ. FT: 800
  • Unit 4: Storage Room
  • Unit 4 Rent: 40.00
  • Unit 4 SQ. FT: 250
  • Vacancy: 5.00
  • Water District: City
  • Sold Price: 174500.00
  • Sold Date: 2017-11-13 00:00:00
Courtesy of Myluckyhouse Inc.



Barbara Barany | 541-771-1739 | Contact Me
83 Southwest K Street - Madras, OR 97741
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