2109 HARRISON ST

NorthBend, 97459

  • 10 Bed

  • 10 Bath

  • 4960 SqFt

  • 48 DOM

  • Built: 1977

  • Status: Active

$745,000

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2109 HARRISON ST

NorthBend 97459

$745000

  • 10 Bed

  • 10 Bath

  • 4960 SqFt

  • 48 DOM

  • Built: 1977

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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