MLS# 23306514 – 801 E Autumn Ave, Hermiston, OR 97838 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Coldwell Banker Bain.

Property Description

Description

16 Units

Status: Active

Year Built: 2016

Neighborhood: Cimmaron Terrace

Days on Website: 405

SIXTEEN (16) TURN-KEY INVESTMENT PROPERTIES with professional property management and tenants in place. Seventeen (17) individually deeded units in a growing economy - each beautiful 3 bedroom & 2.5 bath townhome has a one car garage. Open kitchen with stainless steel appliances. Laminate floors throughout kitchen, dining and living area. Excellent 1031 Exchange opportunity!

Property Details and Features

Property

Zoning:

Number Of Units Total:

Property View

Property Access

Road Surface Type:

Paved

Basement

Basement:

None

Building

Building Area Total:

285000

Built in 2016

Storage:

Garage

Unit Type Type:

UnitTypeType1

Community

Community Features:

Commons

Cooling

Cooling Equipped

Cooling:

CentralAir

Expenses

Operating Expense:

$91,536

Exterior Features

Exterior Description:

LapSiding

Foundation

Foundation Details:

ConcretePerimeter,Slab

Heating

Heating Available

Heating:

HeatPump

Income

CAP Rate:

6.21

Gross Income:

$345,600

Gross Rent Multiplier:

11.83

Net Operating Income:

$254,064

Listing

Contract Status Change Date:

2023-09-11

Days On Market:

435

Last Transaction Date:

2024-10-11 08:39:13

List Price:

$4,088,000

Listing Contract Date:

2023-09-11

Listing Id:

23306514

Mls Status:

Active

Modification Timestamp:

2024-10-11 08:39:13

On Market Date:

2023-09-11

Previous List Price:

$4,248,000

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_431

Subdivision Name:

Cimmaron Terrace

County Or Parish:

Umatilla

Lot

Features:

Level,Trees

Size Range:

SqFt3000to4999

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,MaintenanceRecordsAvailable,RentRecords

Parking

Features:

Attached,Garage

1 total parking spot

Possession

Possession:

SubjectToTenantRights

Roof

Roof:

Composition

Schools

High School:

Hermiston

Middle Or Junior School:

Sandstone

Elementary School:

Sunset

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,887

Legal Description

Unit One

Actual Rent:

$1,800

Area:

1500

Features:

AirConditioning,Disposal,Refrigerator,Unfurnished

Units Total:

3 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Electricity,Gas

Internet Service Type:

Cable

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$4,088,000 -

801 E Autumn Ave Hermiston , OR 97838

MLS Area Major: _431

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 20, 2024 12:46PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.