2325 5TH AVE, West Linn, OR 97068

$699,900
4,063
SqFt

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List Price
$699,900
Days on Market
6
MLS#
792946582
Property Type
Multifamily
Sqft. of Residence
4,063
Lot Size
10, 000 to 14, 999 SqFt
Region
Lake Oswego, West Linn
Status
ACTIVE

Property Description

A rare opportunity to complete a 4-plex in the highly desirable Willamette area of West Linn! Currently under construction, this property offers an investor, builder, or owner-user the chance to step into a project where much of the upfront work has already been completed.All county plans and permits have been approved, with plumbing and electrical already in place. The property features four separate 2-bedroom units, a detached garage with additional storage, RV parking, and an RV hookup.Per seller, approximately $300,000 in additional investment is estimated to complete the project, with projected rents of approximately $2,000–$2,700 per unit per month once finished.An exciting opportunity to finish, customize, and create a strong income-producing property in one of West Linn’s most desirable areas, close to parks, riverfront recreation, shopping, dining, and Historic Willamette.Buyer to perform their own due diligence.

Additional Information

Tax Amount
$2,629
Year Built
1910
High School
West Linn
Elementary School
Willamette
Middle School
Athey Creek
Living Area
4,063
Stories
3
Terms
Cash
Cooling Description
Air Conditioning Ready
Heating Description
Heat Pump
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Territorial, Trees/Woods
Parking
Detached, RV Access/Parking
Parking Description
Detached, RV Access/Parking
Road Surface
Concrete, Paved
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Sq Ft
1012
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Sq Ft
1093
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Sq Ft
840
Unit Type Four Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Matin Real Estate.

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