107 W ALDER ST Active

Joseph,OR 97846

$ 2750000

- Bed

- Bath

7135 SqFt


Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,135 sqft

Price per Sqft $385

MLS Listing ID 101590253

Year Built 2024

Annual Tax Amount $656

Tax Year 2024

Property Description

This property features a total of 5 units designed for comfort, functionality, and low maintenance, with key highlights including:INTERIOR FEATURES- Each unit offers 3 bedrooms, 2.5 bathrooms, and 1,427 sq. ft. of living area, with an additional 273 sq. ft. garage.MODERN FINISHES: Laminate floors, granite countertops, and Astroturf backyards ensure durability and easy upkeep.CLIMATE CONTROL: Equipped with a ductless heat pump system for heating and air conditioning, supplemented by a Cadet wall heater.INSULATION: 10 inches of blown-in insulation in common walls for enhanced fire protection and privacy.FURNISHING & APPLIANCES: Units are sold fully furnished, including all furniture, bedding, kitchen appliances, a built-in dishwasher, and an extra-large washer and dryer.Unique Attributes:Zoned commercial for vacation rental use, ideal for investment purposes.Living areas are located on the second floor to maximize views of the Eagle Cap Mountains.Conveniently located within walking distance to downtown Joseph and the rodeo grounds.Exterior Features:LOW-MAINTENANCE MATERIALS: concrete sidewalks, asphalt in the front, and stunning soffit lighting for a warm, inviting nighttime appearance.Separate electrical meters for each unit, providing efficiency and convenience.OVERALL SIZE: The building spans 7,135 sq. ft. and is tailored to meet the needs of both long-term and vacation rental markets, making it a versatile and appealing property.PROJECTED CAP RATE OF 6.6 INVEST NOW AND TAKE ADVANTAGE OF THE 2025 PEAK SEASON.CALL FOR AN APPOINTMENT TODAY.

Location

State OR

County Wallowa

Area _470

Zoning multi

Interior

Heating Ductless, Heat Pump

Cooling Heat Pump, Wall Unit

Equipment Furniture,SmokeDetector

Exterior

View City, Mountain

Roof Type Composition

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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