1760 MEADE, North Bend, OR 97459

$105,000
List Price
$105,000
Days on Market
7
MLS#
19546170
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Coos County
Status
Pending

Property Description

OUTSTANDIND INVESTMENT OPPORTUNITY in prime North Bend location. Two- 2 Bedroom & 1 Bath Units. One water meter & two electric meters. Cash buyers. Downstairs unit currently rents for $575 and upstairs unit rents for $600. Market rents are $1,300.00 per month.

Additional Information

Tax Amount
$1,120
Year Built
1905
High School
North Bend
Elementary School
North Bay
Terms
Cash
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Cumulative Days On Market
7
Capitalization Rate
10.09
Operating Expenses Actual
3501
Gross Income Actual
14100
Gross Rent Multiplier
7.45
Net Income Actual
10599
Utilities Included
Sewer, Water
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
600
Unit Type One Sq Ft
702
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
575
Unit Type Two Sq Ft
702
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pacific Properties.

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