271 Clay Street East
- New Roof
- 100% leased investment
- Close to Western Oregon University
- Estimated NOI of $53,207
- Contact Broker for full Rent Roll and Income/Expenses
- 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba
Property Description
Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $899,000 |
| No. of Units: | 6 |
| Year Built: | 1963 |
| Lot Size: | 0.30 Acres |
| Opportunity Zone: | No |
| Price per unit: | $149,833 |
| Property Website | Click Here |
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