Sold: Jan 31, 2025
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Sold: Jan 31, 2025

$550,000

5 Beds 5 Baths 2,980 SQFT 0.45 Acres
Type: Multi-Family

451 SW 1ST AVE
Canby, OR 97013

MLS#: 24533637
Tonya Rourke
Tonya Rourke
Premiere Property Group
Licensed Oregon Broker
Phone: 503.702.7265
Office: 503.908.1694
Presented by: Premiere Property Group, LLC -
Sold by: Oregon First

Property Description

 

This multi-unit property boasts a stable rental income stream with long-term tenants, offering a hands-off investment opportunity for passive income. Duplex are mirrored image floorplans each with single car garages; 2 bd, 1.5 ba, fireplace, laundry room, living room, kitchen, dining area w/patio door to small backyard. 1 unit has new carpet and interior paint w/in the last year and the other unit has new carpet and interior paint w/in the past 3 years.Both currently generating consistent rental income with reliable tenants.Adobe unit is a stand alone, 700 SF; 1 bd, 1 ba, small side yard, also generating consistent rental income w/long term (20 yr) tenant. Carport has 1 parking spot per unit and a closed storage area in the front. All 3 units are rented month to month. Buyer to do due diligence on square footage.Property could be used as a small business. Zoning is C2, Community Commercial. Buyer to do due diligence!


 

General

Accessory Dwelling Unit Y/NN
Buyer FinancingCash
CityCanby
Close Price$550,000
CountyClackamas
DirectionsOff Hwy 99E or 1st Ave, North past Elm Street, right into flag lot, next to Motel 6
Elementary SchoolLee
Garage Spaces2.0
Gross Income47400.0
HOANo
HeatingForcedAir
High SchoolCanby
Legal DescriptionSECTION 33 TOWNSHIP 3S RANGE 1E QUARTER CD TAX LOT 02900
Listing TermsCash, Conventional, FHA
Lot Size Square Feet19,602 sqft
MLS Area_146
Middle/Junior High SchoolBaker Prairie
Net Operating Income0
Number Of Units Total3
Operating Expense0
Parcel Number794,135
Property ConditionUpdatedRemodeled
Property TypeMultiFamily
Rent IncludesSewer, Water
RoofComposition, Flat, TarGravel
Security FeaturesNone
SewerPublicSewer
Standard StatusClosed
StatusSold
Stories Count1
Tax Annual Amount$5,268
Tax Year2024
Year Built1978
ZoningC2

Interior

FuelDescriptionNone
Hot WaterElectricity
StorageGarage
Unit 1 Baths Total2
Unit 1 Beds Total2
Unit 2 Baths Total2
Unit 2 Beds Total2
Unit 3 Baths Total1
Unit 3 Beds Total1
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3
UnitType1ActualRent1650
UnitType1FeaturesFireplace, Range, Refrigerator, WasherDryer
UnitType1UnitsTotal1
UnitType2ActualRent1650
UnitType2FeaturesFireplace, Range, Refrigerator, WasherDryer
UnitType2UnitsTotal1
UnitType3ActualRent650
UnitType3FeaturesRange, Refrigerator
UnitType3UnitsTotal1

Exterior

Building Area Total2,980 sqft
Exterior DescriptionOther
Foundation DetailsConcretePerimeter
Lot FeaturesFlagLot, Level, OnBusline
Lot Size Acres0.45
Parking FeaturesCarport, Garage
Road Surface TypePaved
Total Parking6.0
Water SourcePublicWater

  

Similar Properties

$550,000

5 Beds 5 Baths 2,980 SQFT 0.45 Acres
Type: Multi-Family

451 SW 1ST AVE
Canby, OR 97013

MLS#: 24533637
Tonya Rourke
Tonya Rourke
Premiere Property Group
Licensed Oregon Broker
Phone: 503.702.7265
Office: 503.908.1694