306 NW 1ST ST Active Save Request In-Person Tour Request Virtual Tour
Enterprise,OR 97828
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $422
MLS Listing ID 24126292
Style Cabin, Log
Bedrooms 2
Full Baths 2
Year Built 2008
Annual Tax Amount $2,715
Tax Year 2023
Lot Size 8,276 Sqft
Property Description
• LOCATION: Zoned for short-term rentals and close to downtown Enterprise—appealing to both tourists and business travelers.• PROPERTY SETUP: Two separate units—one 1-bedroom, 1-bath and one studio with a bath. Versatile for renting one unit and living in the other, or renting both.• INCOME POTENTIAL: Good rental history, which suggests a reliable stream of income. The current cap rate of over 8% is a solid return on investment.• EXTRAS: Two-car garage, additional shed for storage, and space to park a boat and RV—offering convenience and added appeal for renters.• GROWTH POTENTIAL: The potential for increasing revenue is noted, through pricing, strategy, or upgrades.
Location
State OR
County Wallowa
Area _470
Zoning C-1
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan, Furnished, Laminate Flooring
Heating Ductless, Mini Split, Zoned
Cooling Mini Split
Fireplaces Type Propane, Stove
Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator, Granite, Microwave, Stainless Steel Appliance
Exterior
Exterior Feature Deck, Fenced, Guest Quarters, Porch, R V Parking, Second Garage, Tool Shed, Yard
Parking Features Attached,Detached
Garage Spaces 1.0
View City, Mountain, Trees Woods
Roof Type Composition
Accessibility GarageonMain,MainFloorBedroomBath
Garage Yes
Building
Lot Description Corner Lot, Level, Public Road
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Enterprise
Middle Schools Enterprise
High Schools Enterprise
Others
Senior Community No
Acceptable Financing Cash,Conventional,VALoan
Listing Terms Cash,Conventional,VALoan