$370,000
( $83.35Per Sq Foot )
$1,986 est/mo Sourced by Back At You158 Main St , Vale, OR 97918
Vale, OR 97918
Description
Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.
Details
| MLS# | 98911010 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1907 |
| Days On Site | 117 |
| Listing Provided By | Silvercreek Realty Group | Rachael Simonsen |
Features
| Bed(s) | 7 |
|---|---|
| SQ Feet | 4,439 |
| Story(s) | 2 |
| Units | 5 |
| Zoning | Commercial |
| Acreage | 0.06 |
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Learn More About This Property
| State | OR |
|---|---|
| County | Malheur |
| City | Vale |
| Zip Code | 97918 |
| Area | Malheur Other |
| Listing VS Median (in 97918) | |
Price: $370,000 low | high Med: $449,000 SqFt: 4,439 low | high Med: 4,985 $ / SqFt: $83 low | high Med: $90 On Site: 117 low | high Med: 91.000000 | |
Listing Updated: July 15, 2024 at 12:22:59 PM PDT