880 N PERSHING ST Mt. Angel, OR97362

$575,000
5 total units
15 total bedrooms
5 total bathrooms
$51,000 annual income
Capitilization Rate: 5.94
4680 total sq. ft
15,000 to 19,999 SqFt
Elementary School: St Marys
Middle School: Mt Angel
High School: Kennedy
Zoning: Comm
1684 days on market

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Price per unit$115K/unit
Price per ft²$122.86/ft²
Price per acre$1.63M/ac
Price per bedroom$38.3K/bed
Time on market1684 days

Property Description

Successful investment property, with 100% occupancy since 2012. Single Level, well maintained 5-Plex located just outside of downtown Mt. Angel. Each unit is 936 sq ft 3 bedrooms, 1 bath. Nestled on a quiet street. Cap Rate of 6.18% lots of potential. New roof in 2018. Units could use some updating.

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Financial Data

Date Sold2019-09-13
Sold Price$575,000
Original Price$624,900
Current Price$575,000
Property Taxes$5,071

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Home Facts

StatusSold
Year Built1989
Stories1
Exterior Features
Garage
MLS ID19242965

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5