980 Commercial St
Monroe, OR 97456
- 6 beds
- 2 baths
- 3,300 sqft
- ~1/2 acre lot
- $160 per sqft
- 1912 build
- – on site
PRICE IMPROVEMENT!!! Located in Monroe, the heart of Oregon's wine country. The Alpine Inn is a restored 1912 Craftsman with 6 bedrooms and currently 2 bathrooms. There is potential to put 4 more bathrooms in the closets of the upstairs bedrooms to make suites. There have been only two other previous owners. Currently it is operating as a boarding house but could be a Bed and Breakfast. There is a full unfinished basement, detached garage (no value) and extra city lot. The current rates of $40 a night are well below market rates. Annual income is $78,000. The property is being sold "as is". Seller to do no repairs. Escrow hold back for new roof. Furnishings negotiable outside of escrow. Contingent on Seller closing on replacement property.
Last checked:
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Last updated Apr 22, 2024
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MLS# 24466752 —
Monthly cost estimate
Asking price
$529,000
| Expense | Monthly cost |
|---|---|
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,832
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| Taxes | $210 |
| Insurance | $145 |
| Utilities | $222 See report |
| Total | $3,409/mo.* |
| *This is an estimate |
Walk Score®
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Bike Score®
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Air Pollution Index
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/21/24
Apr 21, 2024
|
Price Changed | RMLS | $529,000 | -3.6% |
|
4/17/24
Apr 17, 2024
|
Listed / Active | RMLS | $549,000 | 119.6% (102.6% / YR) |
|
4/15/24
Apr 15, 2024
|
Price Changed | RMLS |