590 Jefferson AvenueMetolius, OR97741

$329,000
1 total units
960 sq. ft
0.11 acres
Zoning: Commercial
618 days on market

VestorFilter™

Price per ft²$342.71/ft²
Recent price drop$39,888
Price per acre$2.99M/ac
Time on market618 days

Property Description

Awesome investment opportunity. 12%-13% Cap rate. Laundromat ready for you to take over. 5 New machines installed and all other machines are in excellent working order. A total of 15 wash machines, 11 Gas Dryers, new candy vending machine, updated pop machine, Upgraded money change machine, remote video surveillance system, remote building lockup and unlocking system, 5 year old TPO Roof, New gas Furnace, New boiler system, updated building plumbing, and new floors. Hwy frontage and nice advertising sign.

Financial Data

Date Sold2022-10-21
Sold Price$325,000
Price ChangeDropped $39,888 on 10/10/2023
Total $39,888 drop
Original Price$368,888
Current Price$329,000
Property Taxes$762

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Home Facts

StatusClosed
Year Built1964
MLS ID220152300