About this home
Investment opportunity featuring an apartment building with three rental units plus an additional 0.09-acre lot. The building offers five newer heat pumps providing efficient heating and cooling, all installed in 2023. Additional improvements include second-floor renovations, painted cabinets in two units, and new flooring installed in all three units within the past five years. The additional lot abuts the apartment building and may only be used for off-street parking or green space. No structures are permitted on the lot. 123 and 127 Washington Street may be purchased individually or as part of a package with two additional investment properties.
Listing last checked: Listing updated:
Listed by Listing Agent · Coldwell Banker Sandy River Realty · MLS #1670826
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Details at a glance
Interior3 property facts
- Heating
- Electric, Oil, Heat Pump, Hot Water, Zoned
- Cooling
- Heat Pump
- Flooring
- Laminate, Tile, Vinyl, Wood
Building5 property facts
- Style
- Other
- Year built
- 1905
- Garage
- 0
- Foundation
- Block
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.2 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- residential
Financial2 property facts
- Annual taxes
- $2,133
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $213,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,259 / monthAdjust
- Principal & interest
- $1,082
- Property tax
- $178
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,133. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 123/127 Washington Street
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Request a tour of 123/127 Washington Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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