2325 5TH AVE West Linn, OR 97068
Price:
$699,900
Units:
4
Unit 1:
2 Bed 2.0 Bath
Features: Wood Floors
Unit 2:
2 Bed 1.0 Bath
Features: Wood Floors
Unit 3:
2 Bed 1.0 Bath
Unit 4:
2 Bed 1.0 Bath
MLS#:
792946582
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
R-10
Yr Built:
1910
Taxe/yr:
$2,629.38
County:
Clackamas
Status:
Active
Levels:
3
Heat:
Heat Pump
View:
Territorial, Trees/Woods
Elem:
Willamette
Middle:
Athey Creek
High:
West Linn
Lot Desc:
Gentle Sloping, Level
Area:
Lake Oswego, West Linn
Courtesy of:
Matin Real Estate
Remarks:
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.
Back to listings