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1535 SW Highway 97, Madras, OR 97741

$1,555,000

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Property Description

Fantastic Central Oregon Investment Property - Fifteen (15) Units, fully leased, professionally managed apartment complex. Dont miss this rare opportunity to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedroom / 1 bath with mini split HVAC, washer/dryer hookups (some units provided). Walking distance to shopping, restaurants and bus service to Bend/Redmond. Excellent potential for investors looking to expand their portfolio with reliable income producing properties in a mature market at a affordable purchase price.

1535 SW Highway 97 | MLS# 220227963

This multi-family property located at 1535 SW Highway 97, Madras, OR 97741 is currently listed for sale with an asking price of $1,555,000. Search Madras real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, Other
Heating: Baseboard, Wall Furnace, Other
Home Style: Traditional
Lot Size: 1.45 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $14,441
Year Built: 1950
Square Feet: 14,408

Feature Descriptions

Exterior: Block, Frame
Sewer: Public Sewer
Units: 15

Local Schools

High School: Madras
Middle School: Jefferson County
Elementary School: Buffentary

Listed By / Shown By

Listed By

Agency Name: Willow Canyon Group

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 9,519.88 per month $7,862.93 Principal & Interest $1,203.42 Property Tax $453.54 Homeowner's Insurance

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