260 S CENTRAL AVENUE, UMATILLA, Lake, Residential Income – MLS #G5111096

Lake-view duplex in Umatilla with income in place. It has two 2BR/2BA units with separate utilities, both tenant-occupied and professionally managed, and reported annual income of about 27K. Recent updates have addressed the major capital items.

The property was previously run as a furnished short-term rental, so it can work as a long-term rental or a furnished mid-term rental. Block construction, tile and laminate floors, central air, and views of Lake Enola.

Flood zone AE, so buyers should get an insurance quote early. The sale requires a lot split, which the City of Umatilla supports, so final lot dimensions and taxes are estimates. The lakefront home next door is also for sale, and buying both avoids the split. Close to downtown Umatilla and SR 19.