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    272 & 324 NE Leo Street

    Madras, OR 97741
    • $375,000
    • STATUS: Active
    • ON SITE: 177 days
    • MLS #: 220118772
    UPDATED: 36 min ago
    $375,000
    • 6
      BEDS
    • 1.41
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,813
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of Dick Dodson Realty.

    Description

    This is a great investment opportunity. Two tax lots, 61,420 sq. ft. of land. Tax Lots 1113336DC 502 & 600. Gross income of $42,000 a year from four rentals. One stick built home, two manufactured homes and RV Space with a utility pad. Room for more dwellings if annexed into the city limits these types of properties are hard to find. No showings until an accepted offer. Call your favorite realtor today and don't miss out!!

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    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2021-09-16T06:44:30.427
    www.bendpropertysource.com/homes/115365002
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    272 & 324 NE Leo Street Madras, OR 97741

    • Price: $375,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 220118772
    6
    Beds
    3
    Baths
    0
    ½ Baths
    1.41
    Acres
    3,813
    SQFT
    $98
    $/SQFT
    1950
    Built
    Neighborhood:
    Madras
    County:
    Jefferson
    Area:
    Madras
    Elementary School:
    Madras Elementary
    Middle School:
    Jefferson County Middle
    High School:
    Madras High
    Property Description
    This is a great investment opportunity. Two tax lots, 61,420 sq. ft. of land. Tax Lots 1113336DC 502 & 600. Gross income of $42,000 a year from four rentals. One stick built home, two manufactured homes and RV Space with a utility pad. Room for more dwellings if annexed into the city limits these types of properties are hard to find. No showings until an accepted offer. Call your favorite realtor today and don't miss out!!
    Exterior Features

    Architectural Style Traditional Construction Materials FrameManufactured House Foundation Details Stemwall Levels One Lot Features Level Parking Details Numberof Carports 0 Parking Details Numberof Other Parking 10 Parking Features DrivewayNo Garage Road Surface Type Gravel Roof Composition View Territorial

    Interior Features

    Appliances OvenRangeRefrigerator Basement None Cooling None Flooring CarpetVinyl Heating ElectricOtherPellet Stove Interior Features Laminate Counters Security Features Smoke Detector(S) Unit1 Square Footage 1419.00 Unit3 Square Footage 924.00 Unit4 Square Footage 1111.00 Window Features Aluminum Frames

    Property Features

    Additional Parcels YN Yes Association YN No CCAnd Rs YN No Cross Street Meadowlark FIRPTAYN No Inclusions Stove/Oven/Refrigerator Incomeand Expenses Annual Amounts Cap Rate 8.00 Incomeand Expenses Annual Amounts Gross Income 42000.00 Incomeand Expenses Annual Amounts Net Operatin 32000.00 Incomeand Expenses Annual Amounts Operating Ex 10000.00 List Number Prefix 00 Listing Terms Cash New Construction YN No Property Sub Type Multi Family Sewer Septic TankStandard Leach Field Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 2123.00 Tax Year 2020 Unit1 Monthly Rent 925.00 Unit1 Status Leased Unit1 Unit Number 272 NE LEO Unit2 Monthly Rent 600.00 Unit2 Status Leased Unit2 Unit Number Rv Pad Unit3 Monthly Rent 975.00 Unit3 Status Leased Unit3 Unit Number 272 B LEO Unit4 Monthly Rent 1000.00 Unit4 Status Leased Unit4 Unit Number 324 NE LEO Water Source Public Zoning Rr-5

    Listing information © 2021 MLS of Central Oregon
    Listing provided courtesy of Dick Dodson Realty.

    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2021-09-16T06:44:30.427
     
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    Ladd Group, Cascade Sotheby's International Realty
    650 SW Bond St, Suite 100
    Bend OR, 97702

    Listing courtesy of Dick Dodson Realty.