271 E Clay St, Monmouth, OR 97361
Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777
- $899,000
- 11
- BD
- 6
- BA
- 4,416
- SqFt
- List Price
- $899,000
- Status
- ACTIVE
- Price Change
- ▼ $51,000 1787884829
- MLS#
- 841787
- Subtype
- Residential Income
- Year Built
- 1963
- Bedrooms
- 11
- Bathrooms
- 6
- Living Area
- 4,416
- Lot Size
- 13,168
- Acres
- 0.30
- Building Name
- Monmouth 6 Plex
- MLS Area Major
- 95 Polk County
Property Description
Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses
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Additional Information
- Flooring
- Carpet, Laminate
- Appliances
- Dishwasher, Refrigerator, Electric Range
- Heating
- Wall Furnace
- Roof
- Other
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