1110/1120 MEADOW AVE, Tillamook, OR 97141
- $1,250,000
- 8,198
- SqFt
- List Price
- $1,250,000
- Days on Market
- 300
- MLS#
- 218336059
- Property Type
- Multifamily
- Sqft. of Residence
- 8,198
- Lot Size
- 1 to 2.99 Acres
- Region
- Tillamook County
- Status
- ACTIVE
Property Description
Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.
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Additional Information
- Tax Amount
- $10,952
- Year Built
- 1972
- High School
- Tillamook
- Elementary School
- East
- Middle School
- Tillamook
- Garage Spaces
- 3
- Acres
- 1.13
- Living Area
- 8,198
- Stories
- 2
- Terms
- Cash, Conventional
- Fuel Description
- Electricity
- Heating Description
- Baseboard, Wall Heater
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- T-111 Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Driveway, Paved
- Parking Description
- Driveway, Paved
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 4
- Unit Type One Beds Total
- 8
- Unit Type One Rent
- 4465
- Unit Type One Sq Ft
- 3776
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 5
- Unit Type Two Beds Total
- 9
- Unit Type Two Units Total
- 1
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Listing courtesy of Rob Trost Real Estate LLC.
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