Address
541 Park St Lebanon, OR
Price
$ 599,900
Property Attributes
- MLS#771669
- TypeCommercial
- CountyLINN
- CityLebanon
- Area80 LINN COUNTY
- Zip97355
- StyleOffice
- Taxes5276
- Price$ 599,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5168
- Lot Size8,276 SqFt
Listing Provided Courtesy Of:
VANGUARD REALTY GROUP
Data Source:
Willamette Valley MLS
Property Description
During these crazy times, its hard to find investment opportunities with low risk & no vacancies. 541 Park is a triplex with great, long term, dependable tenants! Current leases run through 2024 and 2028 & the tenants have been there for many years. As a self managed building, this investment operates on an 8% cap rate. Adding in potential vacancy loss & management fees, you're still operating on a healthy 6% cap. Newer exterior paint and awnings. One of the owners is a licensed real estate professional.
| Price History | |
|---|---|
| 12/7/2020 | Listed $599,900 |
General Features
| Assessments Or Liens | No |
|---|---|
| Associated Document Count | 1 |
| Class | Commercial |
| Heating | Central AC, Forced Air |
| Listing Area | 80 LINN COUNTY |
| Maintenance | 2820 |
| Miscellaneous | 3600 |
| New Construction | No |
| Owner Managed | Yes |
| Status | ACTIVE |
| Status | Active |
| Subdivision | OR |
| Total Expenses | 20139 |
| Type | Office |
| Water | City |
| Zoning | Z-CCM |
Interior Features
| Approx Bldg. Sqft | 5168 |
|---|---|
| High Speed Comm Access | Present |
Exterior Features
| Net Income | 36261 |
|---|---|
| Foundation | Slab |
| Lot Size Area | 0.19 |
| Siding | Block |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 97355
Price
Taxes
Visits
Walkscore
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the
Provided Courtesy Of Willamette Valley MLS. Information Is Believed To Be Accurate But Not Guaranteed. Copyright © 2021 WVMLS. All Rights Reserved. Information last updated on April 16, 2021 5:46 AM UTC
