Active
107 W ALDER ST
Joseph OR, 97846
$2,750,000
$385.42 per sqft
Active
7,135 sqft
Commercial
Built in 2024
Courtesy of Real Estate Associates
This property features a total of 5 units designed for comfort, functionality, and low maintenance, with key highlights including:INTERIOR FEATURES- Each unit offers 3 bedrooms, 2.5 bathrooms, and 1,427 sq. ft. of living area, with an additional 273 sq. ft. garage.MODERN FINISHES: Laminate floors, granite countertops, and Astroturf backyards ensure durability and easy upkeep.CLIMATE CONTROL: Equipped with a ductless heat pump system for heating and air conditioning, supplemented by a Cadet wall heater.INSULATION: 10 inches of blown-in insulation in common walls for enhanced fire protection and privacy.FURNISHING & APPLIANCES: Units are sold fully furnished, including all furniture, bedding, kitchen appliances, a built-in dishwasher, and an extra-large washer and dryer.Unique Attributes:Zoned commercial for vacation rental use, ideal for investment purposes.Living areas are located on the second floor to maximize views of the Eagle Cap Mountains.Conveniently located within walking distance to downtown Joseph and the rodeo grounds.Exterior Features:LOW-MAINTENANCE MATERIALS: concrete sidewalks, asphalt in the front, and stunning soffit lighting for a warm, inviting nighttime appearance.Separate electrical meters for each unit, providing efficiency and convenience.OVERALL SIZE: The building spans 7,135 sq. ft. and is tailored to meet the needs of both long-term and vacation rental markets, making it a versatile and appealing property.PROJECTED CAP RATE OF 6.6 INVEST NOW AND TAKE ADVANTAGE OF THE 2025 PEAK SEASON.CALL FOR AN APPOINTMENT TODAY.
101590253
MLSⓇ ID
January 22, 2025
Listed
January 30, 2025
Updated
Map
107 W ALDER ST
Joseph OR, 97846
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Heat Pump, Wall Unit
Heating
Yes
Heating Description
Ductless, Heat Pump
Exterior/Building Features
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
_470
Taxes
$657
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
Assigned, Off Street
Parking Total
5
View
Yes
View Description
City, Mountain
County
Wallowa
Water Source
Public Water
Pool
No
Zoning
multi
Listing Courtesy of Real Estate Associates, Robin Despain. 541-432-4060
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This content last updated on 1/30/2025, 6:09 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
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