425 HALL, Coos Bay, OR 97420

$595,000
List Price
$595,000
Days on Market
8
MLS#
19645401
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Coos County
Status
Active

Property Description

MONEY MAKER! 8 Unit apartment building located in scenic area of Coos Bay near historic district. Perfectly situated in an area of quaint Coos Bay homes and conveniently located near waterfront, shopping & historic downtown Coos Bay this property is an excellent investment opportunity! The seller says "You know what does a portfolio good? The milk from this cash cow!"

Additional Information

Tax Amount
$2,819
Year Built
1948
High School
Marshfield
Elementary School
Coos Bay
Terms
Cash, Conventional
Basement Foundation
Slab
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Sq Ft Approximate Building Total
5040
Capitalization Rate
6.55
Operating Expenses Actual
18793
Gross Income Actual
57750
Gross Rent Multiplier
10.30
Net Income Actual
38957
Utilities Included
Electricity, Trash Collection, Sewer, Water
Number Of Units Total
8
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
800
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
450
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
600
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
800
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
1
Unit Type Five Rent
550
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Pacific Properties.

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