37731 Roll Tide CT Active Save Request In-Person Tour Request Virtual Tour
Lebanon,OR 97355
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,144 sqft
Price per Sqft $219
Subdivision River Trail Place
MLS Listing ID 23451091
Year Built 2024
Annual Tax Amount $4,602
Tax Year 2023
Lot Size 0.880 Acres
Property Description
New construction investment opportunity with rents of $18k monthly. 4 duplexes give you eight 3 bed, 2.5 bath townhomes. Located in a highly desirable neighborhood, just off River Drive between the Santiam River and Cheadle Lake Park, provides easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, and Highway 20. Proximity to a medical school and Western Oregon University, ensuring strong return on investment. With the high demand for housing in this growing town, this investment is a no-brainer, an impressive 5.73% cap rate.
Location
State OR
County Linn
Area _221
Zoning RM
Rooms
Basement None
Interior
Heating Forced Air95 Plus
Cooling Air Conditioning Ready, Other
Exterior
Garage Spaces 9.0
Waterfront Yes
Waterfront Description Creek
View Creek Stream, Lake, Territorial
Roof Type Composition
Parking Type Driveway, Garage
Garage No
Building
Lot Description Cul_de_sac, Gentle Sloping, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Riverview
Middle Schools Seven Oak
High Schools Lebanon
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional