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Listed with Silvercreek Realty Group
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Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.
| DAYS ON MARKET | 114 | LAST UPDATED | 7/17/2024 |
|---|---|---|---|
| TRACT | 0 Not Applic. | YEAR BUILT | 1907 |
| COMMUNITY | Vale - 1625 | COUNTY | Malheur |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| School District | Vale School District 84 |
|---|---|
| Elementary School | Vale K-8 |
| Jr. High School | Vale Jr. High |
| High School | Vale |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Vale - 1625 |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT DIMENSIONS | 28.25x94 |
| SUBDIVISION | 0 Not Applic. |
| TAXES | 1214.87 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | COMMERCIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
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