1641 NW KINGS BLVD, Corvallis, OR 97330

$589,900
2,104
SqFt

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List Price
$589,900
Days on Market
21
MLS#
490152678
Property Type
Multifamily
Sqft. of Residence
2,104
Lot Size
5, 000 to 6, 999 SqFt
Region
Benton County
Status
PENDING

Property Description

Rare opportunity to purchase a fully vacant duplex in Corvallis. Whether you're looking to owner occupy or add a solid investment to your portfolio, having both units vacant gives you the flexibility to move in, choose your own tenants, and set rents at current market rates. The property is located in an established neighborhood just minutes from Oregon State University, shopping, restaurants, parks, and public transit. The main level offers a 3 bedroom, 1.5 bathroom floor plan with luxury vinyl plank flooring throughout, tile flooring in the kitchen, washer and dryer hookups, dedicated storage, and a large backyard that tenants rarely find in duplex living. Upstairs is a bright 2 bedroom, 1 bathroom unit with an efficient layout, wall to wall carpet, washer and dryer hookups, and its own storage area. This duplex has a proven rental history. The lower 3 bedroom unit most recently rented for $2,395 per month, while the upper 2 bedroom unit rented for $1,595 per month, for a combined potential income of $3,990 per month. 1031 Exchanges Welcome!

Additional Information

Tax Amount
$4,544
Year Built
1967
High School
Corvallis
Elementary School
Garfield
Middle School
Linus Pauling
Acres
0.13
Living Area
2,104
Stories
2
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Carport, Driveway
Parking Description
Carport, Driveway
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Sq Ft
1384
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Real Broker.

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