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160 Main St N

Vale, OR 97918
  • $370,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 98911011
UPDATED: 52 min ago
$370,000
  • 7
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,439
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Silvercreek Realty Group.

Description

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

Directions: Corner of Main St N and A St E

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-06-21T20:11:43.017.
www.moscowrealty.com/homes/150678486
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160 Main St N Vale, OR 97918

  • Price: $370,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 52 min ago
  • MLS #: 98911011
7
Beds
5
Baths
0
½ Baths
N/A
Acres
4,439
SQFT
$83
$/SQFT
1907
Built
Neighborhood:
0 Not Applic.
County:
Malheur
Area:
Vale - 1625
Elementary School:
Vale K-8
Middle School:
Vale Jr. High
High School:
Vale
School District:
Vale School District 84
Property Description
Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

Directions: Corner of Main St N and A St E
Exterior Features

Construction Materials Brick Lot Features Small Lot 5999 SFSidewalks Parking Total 4 Roof Other

Interior Features

Above Grade Finished Area Units Square Feet Appliances Stove/Range (Some Units)Refrigerator (Some Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 4439 Cooling Some Units Cooling YN Yes Flooring Vinyl Heating Forced AirNatural Gas Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Electric 3060 Listing Terms CashOther Lot Size Dimensions 28.25x94 Net Operating Income 38400 Operating Expense 10800 Ownership Fee Simple Property Sub Type Other Tax Annual Amount 1214.87 Tax Legal Description IN BLOCK 25: THE WEST 28.25 FEET OF LOT 5 Tax Year 2024 Total Actual Rent 4100 Utilities Sewer Connected Water Source City Service Zoning Description COMMERCIAL

Intermountain MLS logoCourtesy of Silvercreek Realty Group: 208-377-0422.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Moscow Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-06-21T20:11:43.017.
 
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Moscow Realty
201 East 3rd Street
Moscow ID, 83843
Intermountain MLS logoCourtesy of Silvercreek Realty Group.