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1110/1120 MEADOW Ave, Tillamook, OR 97141

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For Sale

Price On Request

17 beds • 9 baths • 8,198 sqft

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.
MLS# 218336059

Courtesy Of Rob Trost Real Estate LLC

(503) 842-9090

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Baseboard
  • Lot Size
    1.13 Acres

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.