2325 5TH AVE, West Linn, OR 97068

$699,900
4,063
SqFt

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List Price
$699,900
Status
ACTIVE
Days on Market
9
MLS#
792946582
Year Built
1910
Living Area
4,063
MLS Area Major
Lake Oswego, West Linn

Property Description

A rare opportunity to complete a 4-plex in the highly desirable Willamette area of West Linn! Currently under construction, this property offers an investor, builder, or owner-user the chance to step into a project where much of the upfront work has already been completed.All county plans and permits have been approved, with plumbing and electrical already in place. The property features four separate 2-bedroom units, a detached garage with additional storage, RV parking, and an RV hookup.Per seller, approximately $300,000 in additional investment is estimated to complete the project, with projected rents of approximately $2,000–$2,700 per unit per month once finished.An exciting opportunity to finish, customize, and create a strong income-producing property in one of West Linn’s most desirable areas, close to parks, riverfront recreation, shopping, dining, and Historic Willamette.Buyer to perform their own due diligence.

Additional Information

Zoning
R-10
Stories
3
Parking
Detached, RV Access/Parking
Parking Features
Detached, RV Access/Parking
Elementary School
Willamette
Middle School
Athey Creek
High School
West Linn
View
Territorial, Trees/Woods

Listing courtesy of Matin Real Estate.

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