Views - Lease to Own
Not Disclosed Hermiston, OR
$ 5,130,000
Property Attributes
  • MLS#20360883
  • TypeMulti-Family
  • CountyUMATILLA
  • CityHermiston
  • AreaUmatilla Co - Hermiston
  • NeighborhoodCimmaron Terrace
  • Zip97838
  • Style
  • Year Built2017
  • Taxes86500
  • Price$ 5,130,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage40000
Listing Provided Courtesy Of:
M.H. Zoller Company
Property Description

27 new townhomes. Turnkey multifamily listing. Each unit is on a separate tax lot and can be sold individually like a condo. Listing can be sold in any increments (1-27) price per unit will vary. Fourplex formation. These are fully leased and stabilized rents. Professionally managed at 6%. HOA maintains all exteriors. HOA dues are $65 per month. Tenants pay all utilities. Up to 47 additional units available. Perfect 1031 tax investment allows for single units liquidation at owners discretion.

Elementary School Middle School High School
Sunset Elementary School Sandstone Middle School Hermiston High School
Price History

General Features

Cooling Central Air
Heating Forced Air
MLS Area Umatilla Co: Hermiston
Property Type Multi Family
Roof Composition
Security Features Sidewalk
Sewer Public Sewer
Subdivision Name Cimmaron Terrace
Terms Cash, Conventional, FHA, Lease Option, VA Loan, USDA Loan
Total Units 27
Video Tour Y/N No
View Territorial
Zoning R3

Interior Features

Fueldescription Electricity
Hot Water Electricity, Tank
Sqftapproximatebuildingtotal 40000
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Features Deck, Refrigerator, Washer/Dryer Hookup, Window Coverings, Air Conditioning
Unittype2sqft 1515
Unittype2unitstotal 27

Exterior Features

Exterior Description Lap Siding, Cement Siding
Foundation Details Slab, Concrete Perimeter
Lot Features Level
Lot Size 0K to 2, 999 SqFt
View Y/N Yes
Water Source Public


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

Property vs Zip Code Average in 97838

AVG $2.78M
AVG $45,006
AVG 243
Year Built
AVG 1990
AVG 49
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.