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Listing provided courtesy of Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm: 866-559-3478.

4642 Riverview

West Linn, OR 97608
  • $1,150,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 809564
Price Reduced
UPDATED: 29 min ago
$1,150,000
  • 8
    BEDS
  • 0.46
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,351
    SQFT
  • $343
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing provided courtesy of Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm: 866-559-3478. Listing information © 2023 Willamette Valley Multiple Listing Service



Description

Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units

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Willamette Valley MLS logo © 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-10-01T18:08:48.443.
www.suelongrealty.com/homes/143440916
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4642 Riverview West Linn, OR 97608

  • Price: $1,150,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 29 min ago
  • MLS #: 809564
8
Beds
6
Baths
0
½ Baths
0.46
Acres
3,351
SQFT
$343
$/SQFT
1942
Built
Neighborhood:
Os Outside 4 County Area
County:
Clackamas
Area:
Os Outside 4 County Area
Property Description
Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units
Exterior Features

Patio Deck Roof Composition

Interior Features

Laundry Laundry Center Refrigerator Refrigerator Included Unit1 Baths 1 Unit1 Bedrooms 1 Unit2 Baths 1 Unit2 Bedrooms 2 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 1 Unit4 Bedrooms 2 Unit5 Baths 1 Unit5 Bedrooms 1

Property Features

Garbage 1464 Home Warranty No Homeowners Association No Association Inspection Report Available No Maintenance 4690 Multifamily Type Multi- (5+) New Construction No Property Use Type Investment Seller To Do1031 No Sewer City Tax Amount 6110 Tax Years 2022 Terms Seller Will Consider CashConventional Water City Water Sewer 10112

© 2023 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-10-01T18:08:48.443.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm: 866-559-3478. Listing information © 2023 Willamette Valley Multiple Listing Service