160 Main St N
Vale, Oregon 97918
Property Description
Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.
+Property Features
: Washer/Dryer (no Units), Refrigerator (some Units), Stove/Range (some Units)
: Small Lot 5999 Sf, Sidewalks
+Interior Specifications
: Vinyl
4,439 SqFt
+Exterior and Construction
1907
: Brick
: Other
1
+Utilities and Green Features
: City Service
: Sewer Connected
: Forced Air, Natural Gas
: Central Air, Some Units
+Location and Neighborhood
160 Main St N, Vale, Oregon 97918
Starpointe
160 Main St N
Corner of Main St N and A St E
+School Information
Vale School District 84
Vale K-8
Vale Jr. High
Vale
+Financials and Legal
2024
IN BLOCK 25: THE WEST 28.25 FEET OF LOT 5
$1,215
: Cash, Other
18S4520CD 4776
+Marketing and Media
63
Listing
Silvercreek Realty Group
Other Residential Income For Sale in Vale
Basic Property Information
Status : Active
Listing ID : 98911011
Beds : 7
Baths : 1
Approx. SqFt. : 4,439 SqFt
Property SubType : Other Residential Income
Number Of Units : 5
Price : $370,000
Open House Dates :
Zoning Description : COMMERCIAL
BathroomsTotalInteger : 5