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1363 SW Marie Street

Madras, OR 97741
  • $495,000
  • STATUS: Active
  • ON SITE: 139 Days
  • MLS #: 220150405
UPDATED: 68 min ago
$495,000
  • 6
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,444
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Nai Cascade :[IDXCONTACTINFORMATION].

Description

Quick access to Hwy 97 for commute to Redmond/Bend. Close to shopping and employment. Recent street improvements.Part of a multifamily portfolio listed for $1,775,000 at a 5.60% cap rate. 3 bed/2+ bath units, each with garages. Each has easy access to highways for commuting. Located in growing markets with consistent occupancy. Madras220150405Cottage Grove220150407Pendleton 220150413220150415

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Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2022-12-06T22:45:02.4
www.arendsrealtygroup.com/homes/131058098
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1363 SW Marie Street Madras, OR 97741

  • Price: $495,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 68 min ago
  • MLS #: 220150405
6
Beds
4
Baths
0
½ Baths
0.18
Acres
3,444
SQFT
$144
$/SQFT
2006
Built
Neighborhood:
Railroad
County:
Jefferson
Area:
Madras
Elementary School:
Madras Elementary
Middle School:
Jefferson County Middle
High School:
Madras High
Property Description
Quick access to Hwy 97 for commute to Redmond/Bend. Close to shopping and employment. Recent street improvements.Part of a multifamily portfolio listed for $1,775,000 at a 5.60% cap rate. 3 bed/2+ bath units, each with garages. Each has easy access to highways for commuting. Located in growing markets with consistent occupancy. Madras220150405Cottage Grove220150407Pendleton 220150413220150415
Exterior Features

Architectural Style Northwest Construction Materials Frame Foundation Details Concrete Perimeter Levels Two Lot Features Fenced Parking Details Numberof Other Parking 2 Parking Features AttachedDriveway Roof Composition View Neighborhood

Interior Features

Appliances DryerWasherWater Heater Cooling None Flooring CarpetVinyl Heating BaseboardWall Furnace Security Features Smoke Detector(S) Unit1 Square Footage 1434.00 Unit2 Square Footage 1434.00 Window Features Vinyl Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 4.89 Incomeand Expenses Annual Amounts Gross Income 36000.00 Incomeand Expenses Annual Amounts Net Operatin 27441.29 Incomeand Expenses Annual Amounts Operating Ex 8558.71 Listing Terms CashConventional New Construction YN No Property Sub Type Duplex Sewer Public Sewer Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 3148.15 Tax Year 2020 Unit1 Monthly Rent 1500.00 Unit1 Status Vacant Unit1 Unit Number 1363 Unit2 Monthly Rent 1500.00 Unit2 Unit Number 1365 Water Source Public Zoning R2

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of Nai Cascade :[IDXCONTACTINFORMATION].

Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2022-12-06T22:45:02.4
 
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Arends Realty Group | Cascade Sotheby's International Realty
290 E Cascade Ave. PO Box 609
Sisters OR, 97759
Listing provided courtesy of Nai Cascade :[IDXCONTACTINFORMATION].