2206 COVE AVE La Grande, OR97850

$225,000
2 total units
4 total bedrooms
2 total bathrooms
$19,320 annual income
Capitilization Rate: 6.30
1656 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Central
Middle School: La Grande
High School: La Grande
Zoning: LG-GC
976 days on market

VestorFilter™

Price per unit$112.5K/unit
Price per ft²$135.87/ft²
Recent price drop$12,500
Price per acre$1.37M/ac
Price per bedroom$56.3K/bed
Time on market976 days

Property Description

No Hassle rental properties like this are hard to come by. Under professional management with long term tenants and market rents. Each unit pays all their own utilities, including Water/Sewer, and is responsible for their own yard care, leaving you to collect the checks monthly. Owned by the Listing Broker. Don't wait, call today!

{{ compliance-logo }}Listing Provided By Eagle Cap Realty, Inc

Financial Data

Date Sold2021-11-19
Sold Price$225,000
Price ChangeDropped $12,500 on 11/19/2021
Total $24,000 drop
Original Price$249,000
Current Price$225,000
Property Taxes$2,116

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Home Facts

StatusSold
Year Built1977
Stories1
Exterior Features
MLS ID21377612

Unit Details

Unit 1
Unit 2