1116 HIATT ST Lebanon, OR 97355

Pending

$419,500

Market Estimate

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5 Beds
3 Baths
Multi-Family
Listing# 22392863

Listing provided courtesy of: Equinox Real Estate

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Views: 3 Days On Site: 6

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Property Details

Description

Great investment or owner opportunity! This terrific tri-plex offers a 3 BR front house & two 1 BR units in separate duplex building in back. Great separation of space between buildings. Newer upgrades include new water line in 2022, new sewer lines & water heater in duplex 2019, new roof on front unit in 2018. Interior viewing is contingent upon accepted offer.Don't miss this opportunity!

General Features
- Area Linn County
- Bank Owned Y/N No
- Capitalization Rate 7.34
- Country US
- Fuel Description Electricity
- Gross Income Actual 32580
- Gross Rent Multiplier 12.88
- Heating Description Other
- Hot Water Description Electricity
- Net Income Actual 30780
- Number Of Units Total 3
- Operating Expenses Actual 5924
- Sewer Description Public Sewer
- Short Sale Y/N No
- Stories 2
- Supplement Number 0
- Tax Amount 4124.03
- Terms Cash,Conventional,FHA,VA Loan
- Third Party Approval Y/N No
- Utilities Included Sewer
- View Type City
- View Y/N Yes
- Water Description Public Water
- Year Built 1940
- Zoning Leb-RL
Building Features
- Basement Partial Basement
- Basement1 Slab,Concrete Perimeter
- Exterior Description Lap Siding
- SqFt Approximate Building Total 6534
- Storage None,Basement
- Unit Type1 Baths Total 1
- Unit Type1 Beds Total 3
- Unit Type1 Features Dishwasher
- Unit Type1 Rent 1195
- Unit Type1 SqFt 1124
- Unit Type1 Units Total 1
- Unit Type2 Baths Total 1
- Unit Type2 Beds Total 1
- Unit Type2 Features Range,Refrigerator
- Unit Type2 Rent 795
- Unit Type2 SqFt 302
- Unit Type2 Units Total 1
- Unit Type3 Baths Total 1
- Unit Type3 Beds Total 1
- Unit Type3 Features Range,Refrigerator
- Unit Type3 Rent 725
- Unit Type3 SqFt 302
- Unit Type3 Units Total 1
- UnitFeatures Dishwasher,Range,Refrigerator
- UnitTypeType 1,2,3
Room Features
- Legal Description 2018 2726
- Limited Representation Y/N Full Service
Property Features
- Lot Description Commons,Corner Lot,Level
- Lot Size 5,000 to 6,999 SqFt
- Property Category Multi Family
Schools
- High School Lebanon
- Middle School Seven Oak

Contact

Neighborhood

97355 (Lebanon) Demographics

43 Median Age

145 Population Density (per sq. mile)

27% College Educated

$53,066 Estimated Median Income

7,736 Estimated Total Home Owners

4,023 Estimated Total Renters

66% / 34% Estimated Owner / Renter Divide

3 Estimated Average Household Size

30,364 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$386,250 Median Sales Price

20 Homes Sold

76 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price
--	Current Price Source: Multiple Listing Service	New Value: $419,500
5/18/2022 6:51:22 PM	Status Changed Source: Multiple Listing Service	New Value: Pending
5/13/2022 4:07:00 PM	New in Database Source: Multiple Listing Service	New Value: $419,500

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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Prime Alliance Real Estate Services are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. This content last updated on 5/19/2022 10:09:14 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.