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2020 Main St, Baker City, OR 97814

$2,800,000

48 Photos

Property Description

Established Short-Term Rental Portfolio | 9 Residential Units + 1 Commercial SpaceRare opportunity to acquire a diversified, income-producing real estate portfolio featuring 9 residential short-term rental units and 1 commercial space. With over 3 years of operating history and documented financial performance, the portfolio offers high-end finishes, established operations, and a cap rate exceeding 6%.2020 Main Street is a jewel of a historic building featuring two custom-designed lofts, a Main Street commercial space, and a studio unit. 1105 Place is a turnkey, single-level 3-bedroom home with a separate casita, spacious yard, and outdoor entertaining area. 1535 2nd Street is a charming historic four-unit Victorian with thoughtful interior updates that accentuate its classic architectural character. 685 L Street is a single-level 3-bedroom, 2-bath home with RV parking in a private neighborhood.An exceptional opportunity to acquire a diversified portfolio combining historic charm, quality improvements, established operations, and attractive income-producing potential.

2020 Main St | MLS# 425977059

This multi-family property located at 2020 Main St, Baker City, OR 97814 is currently listed for sale with an asking price of $2,800,000. Search Baker City real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Central Air, Heat Pump
Fuel Type: Gas
Heating: Forced Air
Roof Type: Composition, Flat
Stories: 2.0
Taxes: $7,961
Year Built: 1890

Units

Unit Type 1:
Features: AirConditioning, Dishwasher, Disposal, Fireplace, Furnished, HardwoodFloors, Range, Refrigerator, WasherDryer, WindowCoverings
Total Units: 10

Feature Descriptions

Exterior: Brick, Cement Siding, Wood Siding
Gross Income: $260284.00 (Actual)
Hot Water: Gas
Lot: Level
Net Income: $171866.00 (Actual)
Operating Expenses: $88418.00 (Actual)
Parking: Garage, RVAccessParking
Parking Notes: Garage, RVAccessParking
Sewer: Public Sewer
Special View Info: City, Mountain
Storage: Basement
Units: 10
Water: Public Water

Local Schools

High School: Baker
Middle School: Baker
Elementary School: Brooklyn

Listed By / Shown By

Listed By

Agency Name: The Grove Team, Ltd.
Agency Phone: 541-523-6485

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 15,638.41 per month $14,158.32 Principal & Interest $663.42 Property Tax $816.67 Homeowner's Insurance

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