Fully occupied 5-plex in downtown North Bend. Each unit is 2 bedroom, 2 bath complete with W/D hookups. Gross income $64,748/year, expenses $22,889/year, including property management fees of $5180. 5.61% cap rate at $745K. If Self-Managed, annual expenses are $17,709 and the cap rate is 6.31% Excellent walkability to schools, shopping, and parks. Turn-key investment with good maintenance records, and a strong rental history in a high-demand area, with a consistent cash flow, and long-term potential. Excellent long term tenants are all willing to stay. Schedule your private showing now.
Listing Provided Courtesy of Rachel Richardson, River Cities Realty Inc
General Information
301905137
52
DOM
10
10
4960
1977
RM
Coos
6320900
North Bend 3/10
MultiFamily
Sec 15 Twn 25S Rng 13W
Listing Provided Courtesy of Rachel Richardson, River Cities Realty Inc
Krishna Realty data last checked: Jul 27, 2025 06:34 | Listing last modified Jul 24, 2025 11:41,
Source:
Fully occupied 5-plex in downtown North Bend. Each unit is 2 bedroom, 2 bath complete with W/D hookups. Gross income $64,748/year, expenses $22,889/year, including property management fees of $5180. 5.61% cap rate at $745K. If Self-Managed, annual expenses are $17,709 and the cap rate is 6.31% Excellent walkability to schools, shopping, and parks. Turn-key investment with good maintenance records, and a strong rental history in a high-demand area, with a consistent cash flow, and long-term potential. Excellent long term tenants are all willing to stay. Schedule your private showing now.
