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Listed by Hybrid Real Estate
$ 775,000
Est. payment | /mo
2,415 SqFt
$ 775,000
Est. payment | /mo
2,415 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,415 sqft
Price per Sqft $320
MLS Listing ID 24324494
Year Built 1950
Annual Tax Amount $4,639
Tax Year 2024
Lot Size 8,276 Sqft
Property Description
Meticulously maintained and tastefully updated multifamily property in convenient and desirable location! Two 2bd/1bath units and three separate studios with a transferable ~$301k seller-carry note @ 5.25% for qualified buyer(s). Current price offers a fantastic ~8.574% cap rate with a proven track record of performance -- 3 units long term, 2 units short term; all units have been mindfully and continually updated. Many nearby amenities including parks, schools, shops, restaurants, entertainment, events, bike paths, bus lines, and more. Units available for showing w/ confirmation of appointment from LA. Please do not disturb tenants. Fifth unit noncomforming; buyer to do own due diligence regarding use with City and/or County. Without 5th unit counted in financials cap rate still ~6.381%. Also willing to decommission fifth unit for financed buyer with right terms! Be sure to reach out for the property pamphlet!
Location
State OR
County Lane
Community Laundry
Area _244
Zoning R-1
Rooms
Basement Crawl Space
Interior
Heating Ductless
Cooling Window Unit
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Cesar Chavez
Middle Schools Arts & Tech
High Schools Churchill
Others
Acceptable Financing CallListingAgent, Cash, Conventional, FHA, OwnerWillCarry, VALoan
Listing Terms CallListingAgent, Cash, Conventional, FHA, OwnerWillCarry, VALoan
