75 HIGHWAY 101 ALT Warrenton, OR $ 640,000
75 HIGHWAY 101 ALT
$ 640,000
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75 HIGHWAY 101 ALT

Warrenton, OR, 97146
$ 640,000
Bedrooms9 Baths6.0 Sq 3,184

Monthly Estimate*

$ 4,471

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Multi-Family Home for sale in Warrenton, OR

for $640,000 with 9 bedrooms and 6 full baths. This 3,184 square foot home was built in 1945 on a lot size of 0.28.

Rare Investment Opportunity: 6-Unit Apartment Complex on 2 Tax Lots. Investors, seize the chance to own a lucrative piece of real estate with this exceptional 6-unit apartment complex spanning across 2 tax lots. Nestled in a thriving community, this property offers immense potential for rental income, development, or expansion, making it a standout opportunity in today's market. With a strong rental history and high occupancy rates, this apartment complex presents a reliable source of passive income for investors. The diverse mix of unit sizes appeals to a broad tenant demographic, ensuring consistent cash flow and minimal vacancy risk. Whether you're a seasoned investor looking to expand your portfolio, a developer seeking a prime redevelopment opportunity, or a first-time buyer entering the real estate market, this property offers the flexibility to accommodate various investment strategies and goals. Property includes a covered common area, large grassy backyard and garage for owner storage.Don't miss out on this rare opportunity to acquire a versatile 6-unit apartment complex on 2 tax lots with immense potential for growth and profitability. Contact me today with any questions!

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Multi-Family Pending

Price

$ 640,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 2,158

Style

Lot Size

0.28

Year Built

1945

Town/City

Warrenton

County/Region

Clatsop

MLS | Web ID

24237588

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning C1 / RH
Security Features None
Year Built 1945
Stories 2
Tax Year 2023
Gross Income 62100.0
County Clatsop
Net Operating Income 52800.0
Operating Expense 11458.0
Property Type MultiFamily
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Pending
Directions Hwy 101 Warrenton to West on Alt Hwy 101 property is on north side of the street
High School Warrenton
City Warrenton
Total Units 6
MLS Area _181
Lot Size Square Feet 12196.0
Street Name HIGHWAY 101 ALT
Listing Terms Cash Conventional
Elementary School Warrenton
Tax Annual Amount 2158.05
Middle/Junior High School Warrenton
Property Condition Approximately
Days on Market 3
Standard Status Pending
Legal Description MORELAND LT 1 THRU 3 BLK 4 EXC HWY
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description ShingleSiding
Foundation Details ConcretePerimeter
Building Area Total 3184.0
Lot Size Acres 0.28
Road Surface Type Paved
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Internal Only
Street Number 1 75
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

lisastone@premierepropertygroup.com

Email

Affordability Calculator

$4,650
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,471
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949257 Elementary School
1949790 Middle School
Warrenton High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$640,000 Listed Price

Map


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75 HIGHWAY 101 ALT, Warrenton, OR, 97146 is a Multi-Family Home for sale at $640,000 with 3,184 sqft and a lot size of 0.28. 75 HIGHWAY 101 ALT has 9 bedrooms, 6.0 baths, and was built in 1945. The property's zip code is 97146 which is in Warrenton, OR