613 Valley Heart Lane, Central Point, OR 97502
- $498,000
- List Price
- $498,000
- Status
- ACTIVE
- Days on Market
- 23
- MLS#
- 220227277
- Subtype
- Residential Income
- Style
- Contemporary
- Year Built
- 2005
- Lot Size
- 3,049
- Acres
- 0.07
- Subdivision
- Countryside Terrace
- Neighborhood
- Countryside Terrace
Property Description
Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.
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Additional Information
- Interior Features
- Breakfast Bar, Shower/Tub Combo
- Taxes
- $4,549
- HOA Fee
- $100
- Property Description
- Contemporary
- Zoning
- r3
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Range
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Stories
- Two
- Levels
- Two
- Roof
- Composition
- Foundation
- Concrete Perimeter
- Parking Features
- Assigned, Parking Lot
- Elementary School
- Central Point Elem
- Middle School
- Scenic Middle
- High School
- Crater High
- View
- Territorial
Listing courtesy of Coldwell Banker Professional Group.
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: