2325 5TH Ave
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $699,900 |
| No. of Units: | 4 |
| Year Built: | 1910 |
| Lot Size: | 4,063.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $174,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 5 |
ID: 3yd-RMLSOR-792946582
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