OR > Corvallis > Wilkins Supp Plat
Corvallis, OR 97330,344 12th St
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Listed by BRIAN SMITH • COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. • Agent: 503-361-7151
$ 799,000
Est. payment | /mo

10 Beds

5 Baths

5,227 Sqft Lot

Save
$ 799,000
Est. payment | /mo
Save

10 Beds

5 Baths

5,227 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 4-Plex

Listing Status Active

Purchase Type For Sale

Subdivision Wilkins Supp Plat

MLS Listing ID 829122

Bedrooms 10

Year Built 1922

Annual Tax Amount $5,247

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 4-Plex

Property Description

HUGE Rent Increases - Monthly rent was: $5,450. BRAND NEW monthly rent: $6,756 (+24%). Owner states "this close to OSU campus property has been a cash cow for 3 decades - w/low turnover; Only 2 vacancies since 1995; tenants typically stay 2 to 3 years. Low maintenance with $30,000 remodeling/capital improvements last 2-3 years; $13,000 proactive electrical/plumbing tune-up to prevent future repair costs; New $20,000 roof in 2022". Easy, turnkey investment managed by Duerksen Property Management.

Location

State OR

County Benton

Area 70 Benton County

Rooms

Other Rooms Other(Refer to Remarks)

Basement Finished, Full

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric, Baseboard, Zonal

Flooring Carpet, Laminate, Tile, Vinyl

Laundry W/D Included

Exterior

Fence Partial

Roof Type Composition

Building

Foundation Continuous, Slab

Sewer City

Water City, Connected

New Construction No

Schools

Elementary Schools Garfield

Middle Schools Linus Pauling

High Schools Corvallis

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Willamette Valley MLS (WVMLS)

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344 12th St

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agent
Shannon Knapp

Agent | License ID: 201232190

+1(503) 930-1852

3000 Market Street Plaza NE # 101, Salem, OR, 97301

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