MLS# 24360550 – 24983 Mccutcheon Ave, Veneta, OR 97487 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of RE/MAX Integrity.

Property Description

Description

2 Units

Status: Active

Year Built: 1959

Neighborhood: Veneta

Days on Website: 43

Hard to find Veneta duplex with residential/commercial zoning. So many possibilities, rent out both sides or live in one and run a business on other side etc. Large side has hardwood floors and granite in the kitchen. Ideally located near downtown, post office etc. Garage on McCutcheon side has been finished but could be turned back into a garage if desired. Ample parking in the driveway for both units. Lot next door on 4th is available for purchase as well. This duplex is being sold in AS condition.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2039

Built in 1959

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense:

$21,057

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

4.89

Gross Income:

$24,708

Gross Rent Multiplier:

18.21

Net Operating Income:

$22,000

Listing

Contract Status Change Date:

2024-03-18

Days On Market:

Last Transaction Date:

2024-03-18 14:14:49

List Price:

$449,900

Listing Contract Date:

2024-03-18

Listing Id:

24360550

Mls Status:

Active

Modification Timestamp:

2024-03-18 14:14:49

On Market Date:

2024-03-18

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_236

Subdivision Name:

Veneta

County Or Parish:

Lane

Lot

Features:

CornerLot

Size Acres:

0.31

Size Range:

SqFt10000to14999

Size Square Feet:

13,503

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,OffStreet

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Zoning:

Roof

Roof:

Composition

Schools

High School:

Elmira

Middle Or Junior School:

Fern Ridge

Elementary School:

Veneta

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,543

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,200

Area:

1426

Features:

HardwoodFloors,WasherDryerHookup,WoodStove

Units Total:

1 total bathroom

3 total bedroom

Unit Two

Actual Rent:

$859

Area:

613

Features:

Range

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$449,900 -

24983 Mccutcheon Ave Veneta , OR 97487

MLS Area Major: _236

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 30, 2024 4:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.