203 NE SECOND STOakland, OR97462
$225,000
2 total units
$22,800 annual income
Capitilization Rate: 7.29
1398 sq. ft
SqFt3000to4999
Elementary School: Oakland
Middle School: Lincoln
High School: Oakland
Zoning: GC
251 days on market
VestorFilter™
Price per unit$112.5K/unit
Price per ft²$160.94/ft²
Recent price drop$25,000
Time on market251 days
Property Description
Adorable turn-of-the-century building in Historic Oakland tastefully converted into a quality duplex. Great rental history and recently updated. Lower unit is 771 sqft, 1 bedroom, 1 full updated bathroom, updated kitchen, new ductless HVAC, and cute covered patio - rents for $1050/month. Upper unit is 627 sqft studio with original wood floors, new ductless HVAC - rents for $850/month. Common laundry area. New roof and exterior paint. Low maintenance, easy to rent and great return. Amazing investment opportunity for under $300K!
{{ compliance-logo }}Listing Provided By The Neil Company Real Estate
Financial Data
Price ChangeDropped $25,000 on 04/15/2024
Total $63,888 drop
Total $63,888 drop
Original Price$288,888
Current Price$225,000
Property Taxes$1,121
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Home Facts
StatusPending
Year Built1900
Exterior Features
MLS ID23147935
Unit Details
Unit 1
Unit 2
