Address
625 Alameda Ontario, OR
Price
$ 2,350,000
Property Attributes
  • MLS#98677819
  • TypeIncome
  • CountyMALHEUR
  • CityOntario
  • AreaOntario
  • Neighborhood0 Not Applic.
  • Zip97914
  • StyleApartment
  • Year Built1973
  • Taxes15523
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22400
  • Lot Size2.03 Acres
Listing Provided Courtesy Of:
KW Commercial
Property Description

Excellent investment property. This is a "project based section 8" property. The majority of the rent for qualifying residents is paid each month by HUD through the section 8 program. This is not a "voucher" program. The rent assistance stays with the property-it does not go with the resident when they leave. 35 units. All units are 1 bed 1 bath (640+/- sf each). On-site laundry facility for additional income. Very nice management office building on-site. Excellent rental history and waiting list.

Elementary School Middle School High School
Ontario Elementary School Ontario Jr High Ontario High School
Price History
12/11/2017 Listed $2,350,000

General Features

Age 31-50 Years
Auction No
Construction Frame
Flood Ins Required(y/n) No
Home Owner Exempt (y/n) No
Price Per Sq Ft 104.91
REO No
Status Active
Structure Office
Subdivision 0 Not Applic.
Total Annual Expense 93059
Type Apartment

Interior Features

Cooling Window/Wall Unit, All Units
Heating Ceiling, Electric, Radiant
Refrigerator All Units
SQFT Above Ground 22400
Stove/Range All Units
Washer/Dryer No Units
Washer/Dryer Hookups No Units

Exterior Features

Terms Cash, Conventional
Lot Description Garden Space, Handicap Parking, Irrigation, Sidewalks
Number of Parking Spaces 35
Sewer Yes Connected
Water City Service

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97914

Price
AVG $920K
$2.35M
Taxes
AVG $6,681
$15,523
Visits
AVG 125
291
Year Built
AVG 1977
1973
Walkscore
AVG 48
68

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