2289 WILLAMETTE FALLS DR

West Linn, OR 97068
Square Ft.
3,000
$1,275,000
Turn Key 4 plex in wonderful Willamette area. Fully occupied, last unit rented at $1,775 plus utilities. Washer and dryer can be added and one unit has been completed with new hookups. Exterior building has community coin op washer/dryer. Owner is a licensed Real Estate Broker in Oregon. Please doRead MoreRead Less
Listing courtesy of GA Cooke Real Estate Services.
Listing Snapshot
Days Online
115
Last Updated
Square Ft.
3,000
Lot Size
0.25 Acres
Year Built
1964
MLS Number
24088608
Property Location Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3000, Built in 1964, Stories: 1, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Laundry
Expenses
Operating Expense Scheduled: 28000, Operating Expense: $27,313
Exterior Features
Exterior Description: Brick, Cedar
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating Available, Heating: Zoned
Income
CAP Rate: 4, Gross Income: $78,300, Gross Rent Multiplier: 16.28, Gross Scheduled Income: $85,200, Net Operating Income: $50,987, Net Scheduled Income: 57200
Lot
Features: CornerLot, Size Acres: 0.25, Size Range: SqFt10000to14999, Size Square Feet: 10,890, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, ProfitLossStatement
Parking
Features: Assigned, 4 total parking spots
Property
Number Of Units Total: 4, Property Condition: UpdatedRemodeled, Zoning: multi
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $6,470, Legal Description, Tax Year: 2023
Unit One
Actual Rent: $1,775, Area: 750, Features: Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,595, Area: 750, Features: Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,495, Area: 750, Features: Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Four
Actual Rent: $1,395, Area: 750, Features: Range, Refrigerator, WasherDryerHookup, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Will Fendon
Team Leader - Oregon Licensed Broker
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXP Realty LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.