200-210 W F StreetCulver, OR97734

$299,000
2 total units
2 total bedrooms
2 total bathrooms
1421 sq. ft
0.11 acres
Elementary School: Culver Elem
Middle School: Culver Middle
High School: Culver High
Zoning: R2
1234 days on market

VestorFilter™

Price per unit$149.5K/unit
Price per ft²$210.42/ft²
Recent price drop$11,000
Price per acre$2.72M/ac
Price per bedroom$149.5K/bed
Time on market1234 days

Property Description

Rare opportunity to purchase a turn key Duplex in Culver. These units have been thoroughly gone through for repairs and updates, including new roof (see attached docs).The duplex sits on a nice corner lot on block off the Main Street of Culver, and neighbors the Culver Schools. Each unit has a fenced back yard and units have recently had the bathrooms, kitchen and laundry room remodeled and updated. Unit 210 comes with a dishwasher. Tenants are month to month, and Unit 200 recently had a rent increase January 1st to $945. Currently the property has a 4.5% CAP rate with 45-55 expense to income ratio. Culver is a very quiet farm town with well known and highly regarded community schools. Few multi family units are in the Culver community, and this opportunity will not last long.Showings will be scheduled after accepted offer. Listing Broker will be present. DO NOT DISTURB TENANTS.

Financial Data

Date Sold2021-05-21
Sold Price$306,500
Price ChangeDropped $11,000 on 05/21/2021
Total $11,000 drop
Original Price$310,000
Current Price$299,000
Property Taxes$1,570

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Home Facts

StatusClosed
Year Built1949
MLS ID220113418

Unit Details

Unit 1
Unit 2