This Multifamily Property is Off-Market.

200 SE Gregory Drive
Winston, OR 97496 ·

2 Units · Multifamily For Sale

N/A

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FOR SALE BY OWNER

Price N/A Commission Split 3%
No. Units 2 No. Stories 1
Building Size 3,448 SF Year Built 2012
Property Type Multifamily Lot Size 9,240 SF
Property Sub-type Duplex/Triplex/Fourplex APN / Parcel ID NEW
Property Use Type Investment Parking Ratio 2 / 1,000 SF
Construction Status Under Construction/Proposed
Listing ID: 17615427 Date Created: 04/12/2012 Last Updated: 04/27/2012

Description

The living area is 1284 Sq Ft, 3 bedroom 2 bath all on one level, with open floor plan. Privacy in living and patio area due to the fenced back yard. The bedroom off of the entry could be used for an office where a person could come and go from that room, without going through the house. There is a covered deck at the entry. The complete building and everything in it, is under warranty for at least one year. Natural gas for the central heating system and the water heater is as economical as you can get. The air conditioning is electric of course. The full size double garage with opener is good for rainy days and for security. The door from the garage opens into the kitchen.
The outside is vinyl siding which means no painting except for the trim. The roof is guaranteed for 30 years and the front yard is landscaped for very minimal yard work. Landscaping along the driveway will be maintained by others. Both sides of the property where you drive in will be fenced and maintained by others.

This property has 3 duplexes on one side aprox. 1980's. The other side has a newer apartment complex. The area toward the street will have two more new duplexes.
Almost flat with paved street and paved driveway, city water and sewer.

Highlights

  • Advantages of buying a duplex: Depreciation for a tax deduction, choose your own neighbor
  • Rent one unit for $995 per month to pay a large part of your payment.
  • A duplex maintains value when single family homes loose value.
  • Financing is available at a very good rate.
  • This is a chance to get into a good investment while you save money on living expences.
  • You get to live in a new home while you are doing it.

Research

200 SE Gregory Drive, Winston, OR 97496 (Douglas County)

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