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USAOROntario305 Nw 8Th Ave
305 Nw 8 Th Ave, Condo with 0 bedrooms, 0 bathrooms and 24 parking in Ontario OR | Image 1
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$2,150,000

305 Nw 8 Th Ave, Ontario, OR

Condo

For Sale

$--,---,---
0024
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 13420 sqft
Garage No
Maintenance Fees 
Taxes $7,539
Days Active 296
Approx. Age 1970
Avg. Price Per Sqft $160
MLS® Number 98921892

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

7% cap rate on current rents and rents are still being raised to market. Almost the entire property was renovated in 2022 through 2023. Unit mix consists of 18 units with one bath per unit: 2 Studio units; 4 one bed units; 12 two bed units. New landscaping was added in 2022 with automatic irrigation and sprinklers. A new roof membrane was installed by Lassiter roofing in 2022. The exterior was painted in 2022. 90% of the windows were replaced in 2022. Laundry room was updated and includes two washers and two dryers. A fence was added on the west and North side of the property in 2022. Lots of room to keep raising rents over the next couple of years as Ontario is very tight in the housing market and there are very few rentals available in the area. The property is managed by Century 21. Listing broker is related to the seller.Show Description
MLS® Number98921892
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher/Dryer Hookups (No Units)
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CWall/Window Unit(s)
Heating Fuel

Extras

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