911 division Ave, La Grande, OR 97850 For Sale

Bottom half is owner-occupied. The estimated rent for downstairs is $ 1600-$ 1800 a month. With a door separating the two levels, the upstairs unit is currently rented out for $1,550 a month and has remained unchanged for four years. Assuming the current rent and projected downstairs rent ($1,700), the estimated cap rate is 5.85%. Right across the street from Benton Park sits a two-story home with options! Currently serving as a duplex, this home could be your next investment property or function as an excellent space to accommodate a large family comfortably. The recent remodels include the following: a new fence (100% owned), landscaping, a new roof, and complete bathroom remodels, all completed within the last two years. Less than a year ago, the countertops in the upstairs and downstairs kitchens were replaced, new floors were installed in the upstairs kitchen, the epoxy floors downstairs were finished, and the exterior paint was refreshed. Finally, this property includes a functioning well to irrigate the lawn. All of this and more!

The kitchen and three bedrooms downstairs currently have permits pending, and final inspection will take place soon. This is in the final stages of a four-year remodel. The exterior paint is not yet complete, particularly on the doors and garage. Seller is willing to remove tenants. The seller has materials for a second top coat for the epoxy floors. With an acceptable offer, the seller would be willing to apply.