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Listed by Coldwell Banker Coast Real Est
$ 550,000
Est. payment /mo
Active
85313 GLENADA RD Florence, OR 97439
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 719759464
Year Built 2018
Annual Tax Amount $1,892
Tax Year 2025
Property Description
$3400/mo. rental income and a 7.4% gross return on investment! South of town country setting on a .88-acre parcel of professionally installed landscape throughout the entire property, including custom stamped concrete walkways and patios, lush greenery, and vibrant plantings that create an idyllic and tranquil setting. Completely remodeled and updated manufactured home that is both vintage and modern, plus a huge RV barn with washer /dryer hook-ups. AND an adorable 576 SF guest house, built in 2018 that combines modern charm with Pacific Northwest style. This is a rare opportunity to piggyback on the seller's hard work and investment for the next owner's years of rental return and equity build-up. Solid income producer that is both meticulously maintained inside and out. Call today for more information and put your hard-earned money to work for you!
Location
State OR
County Lane
Area _231
Zoning RR2/BD
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Sewer Septic Tank
Water Well
Schools
Elementary Schools Siuslaw
Middle Schools Siuslaw
High Schools Siuslaw
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Kim Arscott | HYBRID REAL ESTATE
Principal Broker License ID: 201103127 | HYBRID REAL ESTATE