MLS# 24586530 – 989 Leeward Ct N, Keizer, OR 97303 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of RealtyNET, LLC.

Property Description

Description

3 Units

Status: Active

Year Built: 1990

Days on Website: 111

UNIQUE MULTI-FAMILY INVESTMENT OPPORTUNITY! Primary house PLUS detached 2/1 cottage (permitted ADU), PLUS attached studio apartment. Both secondary spaces are currently rented, bringing in approx $3500/month, making this easily the most affordable house on the block! Our family has loved living on this 6-bed, 4-bath, 2.5 kitchen property—if we weren’t moving out of state we’d stay here forever! Ideal for multi-generational living or rental income, most banks honor up to 75% of potential rental income. Please see the virtual walk-through video and reach out with any questions!Please change to:UNIQUE MULTI-FAMILY INVESTMENT OPPORTUNITY! Primary house (currently an Airbnb) PLUS detached 2/1 cottage (permitted ADU rented for $1580 to a single gal) PLUS attached studio apartment (currently an additional 2nd Airbnb). SuperHost status property. Our family has loved living on this 6-bed, 4-bath, 2.5 kitchen property—if we weren’t moving out of state we’d stay here forever! Ideal for multi-generational living or rental income, most banks honor up to 75% of potential rental income. Please see the virtual walk-through video and reach out with any questions!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2540

Built in 1990

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Cooling

Cooling Equipped

Cooling:

EnergyStarAirConditioning,MiniSplit

Expenses

Operating Expense Scheduled:

7000

Operating Expense:

$7,000

Exterior Features

Exterior Description:

BoardBattenSiding,CementSiding,LapSiding,VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

ENERGYSTARQualifiedEquipment,ForcedAir,MiniSplit

Income

CAP Rate:

10.23

Gross Income:

$78,000

Gross Rent Multiplier:

9.15

Gross Scheduled Income:

$75,000

Net Operating Income:

$73,000

Net Scheduled Income:

68000

Listing

Contract Status Change Date:

2024-08-02

Days On Market:

110

Last Transaction Date:

2024-11-04 11:51:47

List Price:

$713,900

Listing Contract Date:

2024-08-02

Listing Id:

24586530

Mls Status:

Active

Modification Timestamp:

2024-11-04 11:51:47

On Market Date:

2024-08-02

Previous List Price:

$714,900

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_178

County Or Parish:

Marion

Lot

Features:

Cul_de_sac,Private

Size Acres:

0.18

Size Range:

SqFt7000to9999

Size Square Feet:

7,840

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,RentRecords

Parking

Features:

Attached,Garage

2 total parking spots

Possession

Possession:

Negotiable

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

Res

Roof

Roof:

Composition

Schools

High School:

McNary

Middle Or Junior School:

Claggett Creek

Elementary School:

Cummings

Security Features

Features:

SecurityLights,Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,912

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$3,000

Area:

1600

Features:

AirConditioning,Dishwasher,Disposal,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Area:

150

Features:

AirConditioning,Furnished,Microwave,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$1,580

Area:

728

Features:

AirConditioning,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity,Gas

Internet Service Type:

Cable

Water Source:

PublicWater

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Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$713,900 -

989 Leeward Ct N Keizer , OR 97303

MLS Area Major: _178

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.