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About the Listing PROD01 - TUNBERGJ
ALL UNITS RENTED - Astoria Cape Cod Triplex, $48K gross annual rent - 10.8 GRM at asking. All 3 units recently remodeled; rent includes all utilities. Top floor unit: 1 BD/1 BA with panoramic city, river and Megler Bridge views. Two studio units below, one on each floor. Zoned R3, eligible for licensed owner-occupied home stay lodging per City of Astoria. Estimated NOI ~ $38K, cap rate ~7.3% at asking price. Built in 1900 with a total 2,016 sq ft on 3 stories. 3 off-street parking spaces via driveway. Below average GRM for Astoria's multi-family market. Turnkey income with a documented path to STR conversion for an owner-occupant buyer. Owner financing options available!
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Forced Air - 90%,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Flag Lot,Hilly,Level
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: R3
- Roof: Composition,Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: $3,620
- Taxes w/Assessments: N/A
- Tax/Property ID: 22114
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
103 Washington St Astoria, OR 97103
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