229 MORELAND AVE Drain, OR 97435

All the work is done on these two quaint cottage homes. Recent remodel and well maintained. Lots of opportunity as rental, multi-generational living, or live and rent. Look at the finishing touches to these homes and the returns.

• General Features
  • Area Douglas Co: North Douglas County
  • Bank Owned Y/N No
  • Capitalization Rate 10.44
  • Cooling Description None
  • Country US
  • Fuel Description Electricity
  • Gross Income Actual 27600
  • Gross Rent Multiplier 9.02
  • Heating Description Baseboard
  • Hot Water Description Electricity
  • Net Income Actual 26000
  • Number Of Units Total 2
  • Occupancy Types Leased,Month To Month
  • Operating Expenses Actual 2400
  • Sewer Description Public Sewer
  • Short Sale Y/N No
  • Supplement Number 0
  • Tax Amount 1167.25
  • Terms Cash,Conventional,Other
  • Third Party Approval Y/N No
  • Utilities Included None
  • View Type City
  • View Y/N Yes
  • Water Description Public
  • Year Built 1948
  • Zoning R
• Building Features
  • Basement Crawl Space
  • Basement1 Block
  • Exterior Description T-111 Siding,Shingle Siding
  • SqFt Approximate Building Total 1700
  • 1 1
  • 1 2
  • 1 Dishwasher,Range,Refrigerator,Washer/Dryer Hookup
  • 1 1150
  • 1 660
  • 1 1
  • 2 1
  • 2 2
  • 2 Range,Refrigerator,Washer/Dryer Hookup
  • 2 1150
  • 2 1000
  • 2 1
  • UnitFeatures Dishwasher,Range,Refrigerator,Washer/Dryer Hookup
  • UnitTypeType 1,2
• Room Features
  • Legal Description EASTMORELAND ADD, BLOCK 1, LOT 5, ACRES 0.11
  • Limited Representation Y/N Full Service
• Property Features
  • Lot Description Commons
  • Lot Size 3,000 to 4,999 SqFt
  • Property Category Multi-Family
  • Roof Type Composition
• Schools
  • Elementary School North Douglas
  • High School North Douglas
  • Middle School North Douglas