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About the Listing 5TOR01 - JSCHUSTE,COLEB
1250 SW E Av. Corvallis, OR 97330 is located approximately 1 mile from the center of Oregon State University; .08 miles from Reser Stadium; 5 miles to Goss Stadium. Built in 1980, the property is comprised of the following residential units:One - 3 Bedroom/1 Bathroom UnitFive - 2 Bedroom/1 Bathroom UnitsTwo - 1 Bedroom/1 Bathroom Units1250 SW E St, Corvallis, OR 97330 is being offered as a turn-key investment opportunity. All units are currently under lease with potential increase in cash flow by capitalizing on annual rental increases.The property has an on-site laundry facility on the basement level that is under-utilized with two coin operated washer/dryer units.The property features on-site parking for convenience and landscaped lawn areas. Units also feature balcony space for outdoor use at each level.Tenants pay electric, as each unit is separately metered. Common-area meters include laundry space and outdoor lighting. Water is provided on a single meter to the property and could be prorated back to tenants on new lease structures.Recent Appraisal on file with Listing Broker at List Price.==========================================================Rare find! Just blocks from OSU, this fully occupied 8-unit apartment building is a solid investment opportunity in a highly desirable rental area. With a proven rental history and consistent demand from students and professionals, this property offers reliable income in a stable college-town market. Units are all-electric, featuring individual 50-gallon water heaters. Many units have seen recent updates, including refreshed fixtures and flooring. Shared laundry facility adds value.
Listing Highlights
Status
Pending
Days on Site
29
Property Type
Multi-Family
MLS ®
185540291
Year Built
1980
Total Square Footage
8,652
Lot/Acreage
0.24
County
Benton
Area
220 - Benton County
Elementary School
Lincoln
Middle School
Linus Pauling
High School
Corvallis
Interior Details
- Bedrooms: 15
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Ceiling,Floor Furnace,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: SR-20
- Roof:
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Off Street,On Street
Financial Details
- Tax Amount: $12,179
- Taxes w/Assessments: N/A
- Tax/Property ID: 144513
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1250 SW E Ave Corvallis, OR 97333
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