4189 & 4185 Geranium Loop. Great investment opportunity - two townhouse units each with 3 bedroom and 2 1/2 bath. Large bedrooms including walk-in closets! Attached single car garages for each unit. Ample parking opportunity in the driveway and on street parking allowed. Backyards are fenced, front & backyard are both landscaped. These duplexes could also be sold as 2 separate zero lot line units! UGS front & back. Long term rental history, tenants would like to stay. Great location, close to bus route, Chemeketa Comm College, Shopping and easy I-5 access. 48 hour notice for showings. Units can be sold seperately:RMLS 24303875 & 24629843
Property Features
Bedrooms
Bathrooms
Heating and Cooling
- Heating Features: ForcedAir
- Heating Fuel: Gas
- Heating: Yes
- Water Heaters: Gas
Other Rooms
- Basement Description: CrawlSpace
Land Info
- Lot Description: PublicRoad, Sloped
- Lot Size Acres: 0.0699954
- Lot Size Dimensions: 30x90
- Lot Size Square Feet: 3049
Garage and Parking
- Garage Spaces: 1
- Parking Features: Driveway, OnStreet
- Parking Total: 2
Exterior and Lot Features
- Road Surface Type: Concrete
School Information
- Elementary School: Hammond
- High School: McKay
- Middle School: Stephens
Rental Info
Multi-Unit Info
- Number of Units: 2
- Unit Type: UnitTypeType1, UnitTypeType2
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 3
- Total Bathrooms in Unit-1: 3
- Total Bathrooms in Unit-2: 3
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- LotSizeRange: SqFt3000to4999
- Annual Tax Amount: 3185.849999999
- Source Listing Status: Pending
- County: Marion
- Cap Rate: 5.68
- Directions: Portland Rd to E on Kale, S on Happy Dr, to Geranium Av to Geranium Loop
- Tax Year: 2023
- Source Property Type: MultiFamily
- Parcel Number: 334596
- Zoning: RM2
- Source System Name: C2C
Commercial Info
- Net Operating Income: 34920
- Operating Expense: 9480
Building and Construction
- Year Built: 2004
- Building Area Total: 1316
- Building Exterior Type: CementSiding, LapSiding
- Foundation Details: ConcretePerimeter
- Property Age: 20
- Property Condition: Existing
- Roof: Composition
- Levels or Stories: 2
Utilities
- Sewer: PublicSewer
- Water Source: PublicWater