4675 CHERRY HEIGHTS RDTheDalles, OR97058

$650,000
6 total units
$63,600 annual income
Capitilization Rate: 7.71
3418 sq. ft
0.5 acres
SqFt20000toAcres1
Elementary School: Colonel Wright
Middle School: The Dalles
High School: The Dalles
Zoning: A1(40)
44 days on market

VestorFilter™

Price per unit$108.3K/unit
Price per ft²$190.17/ft²
Price per acre$1.3M/ac
Time on market44 days
Smart Fixer ListYes

Property Description

Income producing property with stunning views of The Dalles, the Columbia River and beyond. Current rents reflect well over a 7% cap rate. The units, 4 2br/1ba and 2 studios, are in excellent condition as is the exterior of the buildings, i.e. good roofs, continuous gutter, etc. Minimal landscaping and exterior maintenance. This is a great investment property!

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Financial Data

Original Price$650,000
Current Price$650,000
Property Taxes$4,502

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Home Facts

StatusPending
Year Built1965
Stories2
Exterior Features
MLS ID24581749

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6