115 NE A St, Madras, OR 97741

$1,190,000

13 Photos

Property Description

This property has been one of the best rental properties in Madras, with few if any vacancies. Great place for a family with lots of room to live & play, close to schools, trails & bowling center. While built in 1961, they have been owned by investors that have taken good care of the property for a long-term investment. New Mini Split for HVAC added recently to all units. Nice grass backyard fully fenced. Adjacent to Sahalee Park, with splash park, playground equipment, pavilion and picnic areas. Within walking distance to shops, restaurants, banks and more.

115 NE A St | MLS# 306803890

This multi-family property located at 115 NE A St, Madras, OR 97741 is currently listed for sale with an asking price of $1,190,000. Search Madras real estate on kellyherwig.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: FullBasement
Cooling: MiniSplit, Window Unit(s)
Fuel Type: None
Heating: Baseboard, Ductless, Other
Roof Type: Composition
Stories: 2.0
Taxes: $8,572
Year Built: 1961
Square Feet: 6,125

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1350.00
Square Footage: 876
Total Units: 8

Feature Descriptions

Days on Site: 49
Exterior: Shingle Siding
Gross Income: $115656.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot
Net Income: $21811.00 (Actual)
Operating Expenses: $53189.00 (Actual)
Parking: OnStreet, Open
Parking Notes: OnStreet, Open
Sewer: Public Sewer
Special View Info: Territorial
Units: 8
Water: Public Water

Local Schools

High School: Madras
Middle School: Jefferson Co
Elementary School: Madras

Listed By / Shown By

Listed By

Agency Name: Emerald Coast Realty-Seal Rock
Agency Phone: 541-283-3589

Shown By

Agent Name: Kelly Herwig | Broker
Agent Phone: (503) 806-9403
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 7,078.70 per month $6,017.29 Principal & Interest $714.33 Property Tax $347.08 Homeowner's Insurance

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