Bought with MORE Realty
$990,000
$1,150,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
4642 RIVERVIEW AVE West Linn, OR 97068
3,351 SqFt
Key Details
Sold Price $990,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,351 sqft
Price per Sqft $295
MLS Listing ID 23373947
Year Built 1942
Annual Tax Amount $6,110
Tax Year 2022
Property Description
Welcome to Mt. View Cottages in beautiful West Linn. A rare public offering of a 6-unit apartment complex that presents an extraordinary opportunity to step into an established complex with strong in-place income & proven upside. Consists of six units, across 3 separate duplexes on one parcel. 3 units have recently been renovated & leased close to market, w/the remaining units ripe for a cosmetic renovation & rents to be reset to market rates. Perched on a scenic vista, each unit faces SE w/views across the Willamette River, through Oregon City & all the way to Mount Hood. The units feature efficient floorplans (either 1 or 2-beds), spacious galley kitchens & living rooms, a dedicated fenced balcony, & secure access to the on-site laundry facilities. The property is exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Mt. View Cottages is also a short 5 minute drive from downtown West Linn as well as downtown Oregon City, grocery, retail, & employment.
Location
State OR
County Clackamas
Area _147
Zoning R-4.5
Interior
Heating Mini Split
Exterior
View Y/N false
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Sunset
Middle Schools Rosemont Ridge
High Schools West Linn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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