613 Valley Heart LN, Central Point, OR 97502
613 Valley Heart LN, Central Point, OR 97502
613 Valley Heart LN, Central Point, OR 97502
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$498,000
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2,324 SqFt
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613 Valley Heart LN Central Point, OR 97502

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Arron Waldron

Arron Waldron

+1(541) 951-5081

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,324 sqft

Price per Sqft $214

Subdivision Countryside Terrace

MLS Listing ID 220227277

Style Contemporary

Condo Fees $100

HOA Fees $100

Year Built 2005

Annual Tax Amount $4,549

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.07

Property Sub-Type Duplex

Property Description

Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.

Location

State OR

County Jackson

Community Countryside Terrace

Direction Corner of Hopkins and Freeman

Interior

Interior Features Breakfast Bar, Shower/Tub Combo

Heating Forced Air

Cooling Central Air

Window Features Double Pane Windows

Exterior

Parking Features Assigned, Parking Lot

Amenities Available Landscaping

Roof Type Composition

Building

Foundation Concrete Perimeter

Water Public

Architectural Style Contemporary

Level or Stories Two

Structure Type Frame

New Construction No

Schools

High Schools Crater High

Others

Senior Community No

Tax ID 10980166

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Professional Group

Nearby Locations

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613 Valley Heart LN