Description
305 NW 8th Ave,
Ontario,
OR
97914
This is a real value-add property with rents on most units that can be raised. Property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.
This is an Active listing.
Broker Office Phone Number: 208-672-9000
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Listing By: Keller Williams Realty Boise via Data Source: Intermountain Multiple Listing Service
Ontario
Schools
Ontario
Elementary
Ontario Jr High
Middle
Ontario
High
Price History
date | price | variance | type |
---|
10/24/2024 | $2,100,000 | 4.55 % | decreased |
8/26/2024 | $2,200,000 | - | Listed |
listing agent: Jared Stasch