1110/1120 Meadow Ave, Tillamook, OR 97141

$1,250,000
17
BD
9
BA
8,198
SqFt

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List Price
$1,250,000
MLS#
TC-22550
Style
Other
Bedrooms
17
Bathrooms
9
Year Built
1972

Property Description

Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.

Additional Information

Living Area
8,198
Roof
Composition
Foundation
Concrete Perimeter
Garage Spaces
3
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Rob Trost Real Estate, LLC.