Turnkey duplex with income in place and nothing left to do. Both units are 2BR/2BA with separate utilities, currently tenant-occupied, and professionally managed — just step in and collect checks. Recent updates mean the big-ticket capital expenses are behind you. The added bonus: lake views that keep tenants happy and vacancy low. A clean, low-maintenance add to any portfolio in one of Lake County's most affordable and steadily appreciating markets. Previously the property was used for short term rentals housing traveling nurses so there is more to the property than just your average duplex. This sale would require a lot split that the City is in favor of, therefore the lots dimensions will need to be confirmed and the taxes are estimated.
Financial Considerations
Price:
$415,000
HOA Fee:
N/A
Tax Amount:
$3500
Price per SqFt:
$192.13
Tax Legal Description:
UMATILLA, MITCHENORS ADD S 48 FT OF LOT 5, N 25 FT OF LOT 6 BLK A PB 1 PG 56 ORB 2628 PG 851
Exterior Features
Lot Size:
5750
Lot Features:
Near Public Transit
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Exhaust Fan