529 Railroad StreetBrookings, OR97415
$469,000
8 total units
$63,720 annual income
0.29 acres
Zoning: R-3
3503 days on market
VestorFilter™
Price per unit$58.6K/unit
Price per acre$1.62M/ac
Time on market3503 days
Property Description
Brookings Investment 8 plex- Real Money maker. Features 7- 2 bedroom, 1 bath units and 1- 1 bedroom 1 bath unit. 2 bedrooms rent for 645.00 and the one bedroom rents for 595.00. Total SF approx. 6912sf , 4 units up and 4 down. Improvements done in 2012; new roof, new carpet, new front doors, paint inside and out, there's a coin op laundry, carports, extra paved off street parking. Very low vacancy. Great return of 9.7% cap rate.
Financial Data
Date Sold2015-12-22
Sold Price$450,000
Original Price$549,000
Current Price$469,000
Property Taxes$3,074
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Home Facts
StatusClosed
Year Built1973
MLS ID102950641
