MLS# 22432474 - 77 N 8th Ave, Elgin, OR 97827

$399,000
Units: 5
Est. $1,419 / mo.*
431 Days On Market

Listing courtesy of Valley Realty.

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Status: Pending
Year Built: 1900
Days On Website: 431

Property Details for 77 N 8th Ave, Elgin, OR 97827

Great opportunity for the investor! Beautiful historic building in downtown Elgin in excellent shape! Remodeled with a modern feel! Downstairs area has 4 spacious office locations with A/C & private entries! The upper area has 4 residential 1 bedroom units & 1 studio which are all rented. Laundry room with 2 washers & 2 dryers. Brand new instant hot water heater just installed. Great radiant floor heating system. Plenty of parking with 2 parking lots & street parking. Must see this opportunity!!

Property Access

  • Road Surface Type: Paved

Basement

  • Basement: CrawlSpace

House

  • Built in 1900
  • Storage: None
  • Stories: 2
  • Unit Type Type: UnitTypeType1

Community

  • Community Features: CentralAir,Laundry

Cooling

  • Cooling Equipped
  • Cooling: CentralAir

Disclosures

  • Disclosures: Disclosure

Expenses

  • Operating Expense: $22,632

Exterior Features

  • Exterior Description: Brick

Foundation

  • Foundation Details: ConcretePerimeter

Heating

  • Heating Available
  • Heating: Radiant

Income

  • Gross Income: $43,200
  • Gross Rent Multiplier: 9.24

Listing

  • Contract Status Change Date: 2023-01-18
  • Cumulative Days On Market: 364
  • Days On Market: 364
  • Last Transaction Date: 2023-01-20 09:41:22
  • List Price: $399,000
  • Listing Contract Date: 2022-01-19
  • Listing Id: 22432474
  • Mls Status: Pending
  • Modification Timestamp: 2023-01-20 09:41:22
  • Off Market Date: 2023-01-18
  • On Market Date: 2022-01-19
  • Purchase Contract Date: 2023-01-18
  • Rent Includes: Electricity,Gas,Heat,Sewer,TrashCollection,Water
  • Standard Status: Pending

Location

  • MLS Area Major: _440
  • County Or Parish: Union

Lot

  • Features: CornerLot,Level
  • Size Range: SqFt5000to6999
  • Size: 5,000 to 6,999 SqFt

Miscellaneous

  • Investor Information: AnnualPropertyOperationData,MaintenanceRecordsAvailable,RentRecords,UtilityRecordsAvailable

Parking

  • Features: Open

Possession

  • Possession: Negotiable

Property

  • Number Of Units Total: 5
  • Property Condition: Restored
  • Property View
  • Zoning: EL-CB

Roof

  • Roof: Flat

Schools

  • High School: Elgin
  • Middle Or Junior School: Stella Mayfield
  • Elementary School: Stella Mayfield

Security System

  • Features: FireEscape,FireSprinklerSystem,HandicapAccess

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $2,835
  • Legal Description
  • Tax Year: 2021

Utilities

  • Fuel Description: Gas
  • Hot Water Description: Tankless
  • Internet Service Type: Cable,Satellite
  • Water Source: PublicWater

Map View

$399,000 - 77 N 8th Ave, Elgin, OR 97827

Street View

Directions

77 N 8th Ave
Elgin, OR 97827
MLS Area Major: _440

This content last updated on March 26, 2023 9:44AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.