Investment Opportunity: 51592 Stillwell St. LaPine, OR
Location: 51592 Stillwell St in Lapine Oregon, is located in an area surrounded by some of the world’s amazing geological monuments and towering forests, blue lakes, and rapid streams and rivers. There are 2.5 million acres of forest, seven wilderness areas, six rivers, 157 lakes, 1600 miles of trails and the unique landscape of the Newberry National Volcanic Monument. It is an area with limited multi-family homes. Take advantage of this investment opportunity.
Property: 51592 is located directly across from the bus barn and Lapine Elementary school. The post office, shopping and other amenities are conveniently located near the multi-family home. The building is situated on the large .22 acre lot so that additions to the building could be made if there was a desire to. Both units have large areas for parking and room for an RV. Property has well, and also City water.
Investment Opportunity: Currently 100% occupied with a long term tenant in Unit 1 and a tenant who has been in Unit 2 for over a year. Unit 1 currently rents at $450/mo and Unit 2 for $700/mo. Unit 1 is aware that rent may increase with new owners. Owner pays water, sewer, garbage.
Summary:
Investment Opportunity
Large .22 acre lot
4 bed 4 bath - 2 bed 2 bath each unit
Incredibly located near schools, shopping and amenities
Tiled cabinets in kitchen and bathroom
RV parking
100% occupied PRICE: $188,000 TERMS: Cash or Seller financing CONTACT: Please contact Chamese Christianson at Elite Realestate co LLC 541.279.9879 or email chamesec@gmail.com For more questions or to schedule a showing.