MLS# 24200981 – 510 Geary Dr, Canyonville, OR 97417 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Oregon Life Homes.

Property Description

Description

2 Units

Status: Active

Year Built: 1950

Days on Website: 9

This duplex offers a phenomenal opportunity to own an income-producing property in close proximity to Seven Feathers! The estimated cap rate is 8%. The building was fully remodeled in 2021 and had a new HVAC system and fencing installed in 2023. It has a strong rental record and would be an excellent addition to any portfolio or as a place to live while having the mortgage paid for!

Property Details and Features

Property Access

Road Surface Type:

Gravel,Paved

Basement

Basement:

None

Building

Built in 1950

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

HeatPump

Expenses

Operating Expense:

$1,512

Exterior Features

Exterior Description:

BoardBattenSiding

Foundation

Foundation Details:

Slab

Heating

Heating Available

Heating:

Ductless

Income

CAP Rate:

0.37

Gross Income:

$14,400

Gross Rent Multiplier:

24.31

Net Operating Income:

$1,288

Listing

Contract Status Change Date:

2024-11-08

Days On Market:

Last Transaction Date:

2024-11-12 06:48:14

List Price:

$350,000

Listing Contract Date:

2024-11-08

Listing Id:

24200981

Mls Status:

Active

Modification Timestamp:

2024-11-23 01:40:46

On Market Date:

2024-11-08

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_258

County Or Parish:

Douglas

Lot

Features:

CornerLot

Size Acres:

0.45

Size Range:

SqFt15000to19999

Size Square Feet:

19,602

Size:

15,000 to 19,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,RentRecords,TaxReturnsAvailable

Parking

Features:

Driveway

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

R-1

Roof

Roof:

Composition

Schools

High School:

South Umpqua

Middle Or Junior School:

Canyonville

Elementary School:

Canyonville

Second High School:

Days Creek

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,166

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$1,200

Area:

1000

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Area:

2500

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

3 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Electricity

Internet Service Type:

Cable,FiberOptics

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$350,000 -

510 Geary Dr Canyonville , OR 97417

MLS Area Major: _258

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.