Address
3858 Cairo Lane Ontario, OR
Price
$ 425,000
Property Attributes
  • MLS#98825981
  • TypeIncome
  • CountyMALHEUR
  • CityOntario
  • AreaOntario
  • Neighborhood0 Not Applic.
  • Zip97914
  • Style
  • Year Built1937
  • Taxes$ 1576
  • Price$ 425,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4890
  • Lot Size3.16 Acres
Listing Provided Courtesy Of:
Waldo Real Estate
Data Source:
Intermountain MLS (IMLS) - 75 - ID
Property Description

Great investment property. 5 individual residences on 3.16 acres. 1 frame home built in 1937 and 4 Champion mobile homes built in 1981. Mobile homes are real property. Mobile homes don't have any foundations so property will not finance. All 5 homes share a well and septic tanks. Some tenants have known and rented from family for years. All residences share a common laundry area. Most units have refrigerators and ranges. Property is currently at a 6.8% cap. Accepted offers will be contingent upon buyer viewing residences. Seller shall not be responsible for removal of tenants. Information is not guaranteed by listing agency or it's representatives. All measurements are for estimation purposes only and should be verified by the buyer.

Elementary School Middle School High School
Cairo Elementary School Ontario Jr High Ontario High School
Price History
11/22/2021 Listed $425,000

General Features

Age 81+ Years
Assoc. Fees Frequency. Not Applicable
Auction No
Construction Frame, Mobile Home
Cooling Some Units
Docs On File Lease, Survey/Plat, Property Disclosure, Lead Based Paint Discl, Lengthy Legal Description
Elementary School Cairo
Flood Ins Required(y/n) No
Heating Electric
High School Ontario
Home Owner Exempt (y/n) No
Legal Description Legal description attached
Listing Area Ontario - 1600
Middle School Ontario Jr High
Price Per Sq Ft 86.91
REO No
Roof Metal
School District Ontario School District 8C
Sewer Septic
Status Active
Status Active
Subdivision 0 Not Applic.
Taxes 1576.07
Terms Cash
Total Annual Expense 2223
Type Other
Water Shared Well
Year Built 1937
Zoning C-RSC

Interior Features

Refrigerator Some Units
SQFT Above Ground 4890
U1 # Baths 1
U1 #bedroms 3
U1 Actual Monthly Rent 600
U1 Apx Sqft 105
U1 Sepmtrs: Elec (y/n) Yes
U1 Sepmtrs: Gas (y/n) No
U2 # Baths 1
U2 #bedrooms 2
U2 Actual Monthly Rent 500
U2 Apx Sqft 768
U2 Sepmtrs: Elec (y/n) Yes
U2 Sepmtrs: Gas (y/n) No
U3 # Baths 1
U3 # Bedrooms 2
U3 Actual Monthly Rent 500
U3 Apx Sqft 768
U3 Sepmtrs: Elec (y/n) Yes
U3 Sepmtrs: Gas (y/n) No
U4 # Baths 1
U4 #bedrooms 2
U4 Actual Monthly Rent 500
U4 Apx Sqft 768
U4 Sepmtrs: Elec (y/n) Yes
U4 Sepmtrs: Gas (y/n) No
U5 # Baths 1
U5 #bedrooms 2
U5 Actual Monthly Rent 500
U5 Apx Sqft 768
U5 Sepmtrs: Elec (y/n) Yes
U5 Sepmtrs: Gas (y/n) No
Washer/Dryer No Units
Washer/Dryer Hookups No Units

Exterior Features

Garbage 82
Land Size 1 - 4.99 Acres
Lot Description Dog Run, Garden Space, R.V. Parking
Number of Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 97914

Price
AVG $630K
$430K
Taxes
AVG $2,987
$1,576
Visits
AVG 43
1
Year Built
AVG 1962
1937

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