1569 Union Avenue
1569 Union Avenue
North Bend, OR 97459
$539,000
Price
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Beds
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Description
Perfect investment property with great tenants! Your Next Investment Gem! Are you searching for the perfect real estate investment opportunity?! Look no further than 1569 Union Ave, located in the heart of North Bend, Oregon. This multifamily housing property is a promising investment gem that you won't want to miss! PROPERTY DETAILSType: Multifamily Housing Units: 3 Units SquareFootage: 2,738 sq. ft. Occupancy: Full Occupancy (A testament to its desirability!) Why 1569 Union Ave is a Must-Consider...Perfect investment property with great tenants! Your Next Investment Gem! Are you searching for the perfect real estate investment opportunity?! Look no further than 1569 Union Ave, located in the heart of North Bend, Oregon. This multifamily housing property is a promising investment gem that you won't want to miss! PROPERTY DETAILSType: Multifamily Housing Units: 3 Units SquareFootage: 2,738 sq. ft. Occupancy: Full Occupancy (A testament to its desirability!) Why 1569 Union Ave is a Must-Consider InvestmentPrime Location: Situated in the heart of North Bend, this property offers convenience and accessibility to all the amenities the area has to offer. Steady Income: With full occupancy, you can count on a steady stream of rental income, making this an attractive investment opportunity. Room for Growth: With 3 units and ample square footage, there's room for growth and potential for increasing rental income. Desirability: The fact that all units are currently occupied speaks volumes about the desirability of this property among tenants. Whether you're a seasoned real estate investor or just starting your journey, 1569 Union Ave presents a fantastic opportunity to grow your portfolio. Don't miss out on this promising investment gem! Location is key, and this property is ideally situated near outdoor recreation and parks, including Simpson and Winsor parks, making it an attractive choice for residents who love the great outdoors. Additionally, it's a stone's throw away from a variety of restaurants, shops, and essential amenities, ensuring convenience at every turn. Don't miss out on this chance to secure your financial future. Act now and seize this promising venture in North Bend, OR!
- Listed by Stacie Rudolfs • Ocean Dunes Realty • 541-297-2169
Property Details for 1569 Union Avenue
Parking Features
Open
ZoningR-M
Location
Listing Courtesy of Ocean Dunes Realty
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LISTING UPDATED: 05/01/2024 02:46 AM
Property Details for 1569 Union Avenue
| Status | Active |
|---|---|
| MLS # | 24460879 |
| Days on Market | 70 |
| Taxes | $2,157 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1910 |
| Lot Size | - |
| County | Coos County |
Location
Listing Courtesy of Ocean Dunes Realty
Add your commute
Building Information for 1569 Union Avenue
Stories3Residences3Year Built1910Building Size-Lot Size-
Payment Calculator
$3,121 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,942
Property Taxes
$180
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1569 Union Avenue
Summary
Location and General Information
- Country: US
- Directions: HWY 101 to Virginia, R on Union, Property on Right
- Road Surface: Paved
School Information
- Elementary School: Hillcrest
- High School: North Bend
- Middle Or Junior School: Sunset
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $2,157.18
- Parcel Number: 6150000
- Tax Legal Description: TRS 12-13-10DC TL 1300
Property
Lot Information
- Lot Description: Level, Trees
- Lot Size Range: Sq Ft5000to6999
- Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Year Built: 1910
Utilities
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Other
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Lap Siding, Wood Siding
- Roof Type: Composition, Other
Interior Features
- Basement: Daylight
- Foundation Details: Block
- Stories: 3
Multi Family
Multi-Family Information
- Number Of Units Total: 3
- Gross Income Actual: $43,200.00
- Gross Rent Multiplier: $12.48
- Net Income Actual: $38,500.00
- Operating Expense: $4,700.00
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Deck, Hardwood Floors, Range, Refrigerator
- Unit Type 1 Rent: $1,200
- Unit Type 1 SqFt: 910.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 2
- Unit Type 2 Features: Hardwood Floors, Range, Refrigerator
- Unit Type 2 Rent: $1,300
- Unit Type 2 SqFt: 914.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 1
- Unit Type 3 Beds Total: 1
- Unit Type 3 Features: Hardwood Floors, Range, Refrigerator, Washer Dryer
- Unit Type 3 Rent: $1,100
- Unit Type 3 SqFt: 457.0
- Unit Type 3 Units Total: 1
Public Records for 1569 Union Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$2,157 ($180 / month)
Home Facts
Total Finished SqFt2,281 SqFtAbove Grade Finished SqFt2,281 SqFtStyleTriplexYear Built1910ZoningR-MCountyCOOSAPN25 S 13 W 10 DC 1300
Schools near 1569 Union Avenue
This home is within North Bend School District 13.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
North Bay Elementary School PublicK to 5 | ||
Hillcrest Elementary School PublicK to 5 | ||
North Bend Middle School Public6 to 8 | ||
North Bend Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Ocean Dunes Realty
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