540-570 S Main Street, Prineville, OR 97754 $875,000 Investment Property

By
Real Estate Broker Owner with Desert Sky Real Estate, LLC 200201121

$875,000 Multi-Family Homes for Sale In Crook County / Prineville, OR


Desert Sky Real Estate
Terri Visser, CRS
Email Terri

Cell: 541-410-4978
Fax: 541-504-9796

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  Address: 540-570 S Main St Type: Residential Style: Multiplex Bedrooms: 3 Bathrooms: 2 Living Area: 8,568 square feet Year Built: 2004
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  6 single family units on separate tax lots being sold as one investment. Each of 3 buildings contain two units with shared wall. County assessed value of $1,390,820.
 

 
Brokered and Advertised by Desert Sky Real Estate LID 1978295
www.TerriVisser.com
    Information is deemed to be correct but not guaranteed.

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Topic:
Real Estate General Information
Location:
Oregon Crook County Prineville
Groups:
Activerain MLS Online
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Tags:
540 s main street
homes for sale prineville oregon
investment property prineville oregon

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Rainmaker
181,528
Debbie DiFonzo
Lebanon MO and Buffalo Missouri Real Estate
Debbie DiFonzo - United Country VIP Realty, SW Missouri

Seems like a nice investment- selling at a fraction of the assessed value. Are these rental units or would you advise the investor sell off each individual unit?

September 22, 2008 10:56 PM
Rainmaker
83,195
Terri Visser
CRS - - Selling Central Oregon Real Estate
Desert Sky Real Estate, LLC

Debbie-The units are rentals.  We have actually looked at selling them in 3 ways: individual units, individual buildings (2 units), and all 6 units together.  The seller would consider all of the above but prefers to concentrate on selling them all together.

Side note: I grew up in Kahoka, MO and went to college in Kirksville at what used to be Northeast MO State University.  It's now Truman University.

Donald-Thanks again for checking out the listing.

September 23, 2008 12:28 AM
Rainmaker
181,528
Debbie DiFonzo
Lebanon MO and Buffalo Missouri Real Estate
Debbie DiFonzo - United Country VIP Realty, SW Missouri

Terri - Looks like this property ccould generate a monthly cash flow as rentals while building more equity. Should be interesting to see how this pans out.

I don't know much about Truman other than it has a very positive reputation in this area. Sounds like a good school to be from - Congratulations! (How did you end up from MO to OR?)

September 23, 2008 09:19 AM
Anonymous #5
Anonymous
Anonymous

Debbie- My roommate and I lived in one of those old off-campus homes that was split into apartments.  My "husband to be" moved in next door and after being invited to our house for dinner (probably Domino's!) he pretty much never left.  We traveled to Portland, OR together to visit his brother and when I graduated I decided that was where I wanted to live.  Who knew it could be green in the winter?!  It's a much longer story, but this is probably already more than you wanted to know LOL!

September 23, 2008 10:49 AM
Rainmaker
83,195
Terri Visser
CRS - - Selling Central Oregon Real Estate
Desert Sky Real Estate, LLC

Oops!  That was me Debbie (probably obvious).  Forgot to sign in first :~)

September 23, 2008 10:51 AM
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Rainmaker
83,195

Terri Visser

CRS - - Selling Central Oregon Real Estate
Buying or Selling? I can help! Please Call Today.
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