105 ARCADE ST, Lexington, OR 97839
- $475,000
- 2,779
- SqFt
- List Price
- $475,000
- Status
- ACTIVE
- Days on Market
- 221
- Price Change
- ▼ $15,000 1778008892
- MLS#
- 537126548
- Year Built
- 2014
- Living Area
- 2,779
- Lot Size
- 15,681
- Acres
- 0.36
- MLS Area Major
- Morrow Co: Lexington
Property Description
Exceptional turnkey investment opportunity in Lexington, OR. This fully rented tri-plex underwent a comprehensive down-to-the-studs remodel in 2023, delivering true peace of mind for investors. Renovations included all-new electrical, plumbing, and insulation, in addition to updated interiors throughout. Each of the three units offers a functional 2-bedroom, 1-bath layout and includes all appliances plus in-unit washer and dryer. Major capital improvements also include a new HVAC system, water heater, and septic system, significantly minimizing future maintenance costs. Each unit is individually metered for electric and water, allowing for efficient expense management and increased net operating income. Well-maintained and income-producing from day one, this property presents a rare opportunity for stable cash flow with modern systems and long-term durability.
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Additional Information
- Zoning
- R
- Stories
- 2
- Parking
- Off Street
- Parking Features
- Off Street
- Elementary School
- Heppner
- Middle School
- Heppner
- High School
- Heppner
Listing courtesy of Destined Realty Group.
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