1510 NE VILLAGE St, Fairview, OR 97024
sale
$685,000
|
Other
Courtesy Of ERA Freeman & Associates, Realtors
IMPROVED PRICE!!! This dual use property is a wonderful investment opportunity in beautiful Fairview Village. Close proximity to I-84 makes it desirable for clients. Ability to collect income on main office space and ADU, or use for your own business. Live and work from home! Front building is approximately 2700 SF of office space on 2 levels, 3 1/2 bathrooms, with space for reception area. ADU is 500 sf with 1 bedroom 1 bath (currently leased for $1,398/mo). Front office space is currently vacant. Recent rent has been $4,800/mo TRIPLE NET. New buyer can bring rents up to current market levels. ADU currently vacant. This property pencils out very well for investors. Front Building has either 5 bedrooms/office spaces, or 4 and a large conference room. SELLER CARRIED FINANCING possibly available with $250K down, 5% interest with a 3 year payoff. This property is definitely worth seeing!
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Property Features
- Age: 21-30 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 2
- Heating System: Forced Air
- Legal Description: FAIRVIEW VILLAGE NO 5, LOT 230
- MLSID: 272503875
- Roof Type: Composition
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