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Steven Keating

steven@kniperealty.com +1(503) 855-8386

Listed by Madden Realty • 360-690-5233

$ 475,000

Est. payment | -/mo

7 Beds

6 Baths

4,064 SqFt

Save

$ 475,000

Est. payment | -/mo

Save

7 Beds

6 Baths

4,064 SqFt

Key Details

Property Type Townhouse

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,064 sqft

Price per Sqft $116

MLS Listing ID 575810162

Style Stories2, Common Wall

Bedrooms 7

Full Baths 6

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,426

Tax Year 2025

Lot Size 0.280 Acres

Property Sub-Type Attached

Property Description

Investor alert! With a 7% cap rate potential and currently operating at more than 5%This offering is a 4-unit complex, built in 1950, in John Day, Oregon. Unit 4, which has a private entry with a deck off the front, a lawn with mature apple and locust trees, while the fence line is covered in lush Virginia Creeper Vine maintained by in-ground sprinklers. This unit opens up to a large open-concept living room, 3 bedrooms, 2 bathrooms, an updated kitchen with pull-out shelving, complete with a dishwasher, range, and fridge. This unit stays cool with modern ceiling fans; it's heated with an oil stove, and the water is warmed by a solar-powered hot water heater. It features vinyl flooring and carpeted bedrooms.Unit 3 offers two bedrooms, one full bathroom, and a living room with timeless hardwood flooring and built-in cabinetry. The kitchen is complete with a fridge and range. Unit 2 is a studio apartment that is under a small remodel. It offers carpet and vinyl flooring, a full bathroom, and a kitchen with a range and fridge. Unit 1 offers 1 bedroom and 1 full bathroom with updated vinyl plank flooring, space-saving built-in cabinetry, and an electric hot water heater located in the kitchen. The kitchen offers a fridge and cook top with oven. This unit also has a back door with access to the shared courtyard.The rent includes water, sewer, garbage, and internet. Each unit is metered so the tenant pays for their own electricity. The building has vinyl siding, a metal roof, oil heat, vinyl windows, shared laundry, a shared 12'x16' storage shed, a shared courtyard with raised flower beds, and a parking lot. It has been well maintained by established renters and the owner. The building shares Grant County, Oregon history, being adjacent to the Kam Wah Chung and Co. State Heritage Site and was said to have once been owned by Dr. Wah. Suitable for a family, this property has the potential for VA, Conventional, and Business loan-approved buyers.

Location

State OR

County Grant

Area _410

Rooms

Basement Finished, Partially Finished, Storage Space

Interior

Heating Laser Oil Stove, Wall Heater

Cooling Window Unit

Appliance Free Standing Range, Free Standing Refrigerator

Exterior

Exterior Feature Outbuilding

View Park Greenbelt, Territorial

Roof Type Metal

Garage No

Building

Lot Description Flood Zone

Story 2

Foundation Concrete Perimeter, Slab, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Humbolt

Middle Schools Grant Union

High Schools Grant Union

Others

Senior Community No

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

GET MORE INFORMATION

Steven Keating

Licensed OR Broker Lic# 201257161

steven@kniperealty.com

+1(503) 855-8386

7440 SW Hermoso Way, Portland, OR 97223

210 NW CANTON ST John Day, OR 97845

Steven Keating

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

210 NW CANTON ST