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Adorable 4 Unit Apartment Building in McMinnville – Great Investor Property

Asking $ 199,900
in
W Colville Street, ,
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14

Property Description

If you’ve been looking for a property with upside potential you need to give this one a look. Give us a call to schedule your showing today!

  • It is located in the heart of McMinnville within walking distance of all that downtown has to offer.
  • This one is a sleeper.
  • The rents are currently low and some renovation is needed but where you can find rental property for less than $50 per square foot.
Address: W Colville Street
Area:
State/county:
Zip: 37110
Country: United States
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Property ID: 26920
Price: Asking $ 199,900
Property size: 4 256 ft2
Property lot size: 8 276 ft2
Rooms: 16
Bedrooms: 8
Bathrooms: 4
Year Built: 1938
Garage: Assigned
Garage Size: 4
External Construction: Frame
Roofing: Shingle
Rent (mo): 1500
ROI (ann): 29.6
Cashflow (mo): 412
Property Taxes (mo): 97
Insurance (mo): 89
Repairs (mo): 70
Management Fee (mo): 116
Leasing Fee (ann): 15
HOA (mo): 0
Vacancy Rate (ann): 4
walkscore62 / Somewhat Walkable more details here

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