37731 Roll Tide CT Active

Lebanon,OR 97355

$ 2891000

- Bed

- Bath

13144 SqFt


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

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

Building

Lot Description Cul_de_sac, Gentle Sloping, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Riverview

Middle Schools Seven Oak

High Schools Lebanon

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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