107 W Alder St, Joseph, OR

$2,495,000

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7,135

Square feet

About 107 W Alder St

PRICE JUST REDUCED!!!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.

Features of 107 W Alder St

MLS® # 101590253
Price $2,495,000
Bathrooms 0.00
Square Footage 7,135
Acres 0.00
Year Built 2024
Type Commercial Sale
Sub-Type Income
Status Active

Community Information

Address 107 W Alder St
Area 470 - Wallowa County
City Joseph
County Wallowa
State OR
Zip Code 97846

Amenities

Parking Spaces 5
Parking Assigned, Off Street
View City, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Ductless
Cooling Heat Pump, Wall Unit(s)
Fireplace No
# of Stories 2

Exterior

Roof Composition
Construction Cement Siding, Concrete, Wood Frame

Additional Information

Date Listed January 22nd, 2025
Days on Market 277
Zoning multi
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate Associates
Contact Info541-432-4060

Listing Map

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