Description

This property is a duplex in Ontario, OR, a town of 11,000 people in Eastern Oregon, right across the Idaho border.  It's a fully-rented, cash- flowing property.  Vacancy rate is very low; the owner says it's only been vacant two weeks out of the last five years.  Each unit has 2 bedrooms and a bathroom, a kitchen and dining area, and a garage.  It's two miles from Treasure Valley Community College.  

One side of the duplex has been fully rehabbed.  The other side hasn't, but it rents fine and is rented a year out.  

Rent-o-Meter says average rents for a 2 bedroom in the area are $550/mo.  These units rent for a little more than average, which is normal, according to a property manager in Ontario.  They have been well-maintained and have some new items.  The owner estimates that the roof will need to be replaced in 5-10 years.

It's a nice duplex with a lot of cash-flow potential.  If you're looking for a safe investment, give me a call!

   




Property Details

Property Status Expired
Price $104
Estimated Repairs $0
Square Footage 1440
Sq Footage Source
# of Units
Property Management In Place
Seller Financing Available
Publish Date September 14th, 2016

Seller Information

Tricia

Mountain View, California
Member since September 2016


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Seller assumes all responsibility for the content of this listing.