REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Altura Real Estate
$ 800,000
Est. payment | /mo
2,415 SqFt
$ 800,000
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 $331
MLS Listing ID 263892576
Year Built 1950
Annual Tax Amount $4,697
Property Description
Cash flow alert with a cap rate of over 7%! This tastefully updated and well-maintained multifamily property is one of a kind with a balanced blend of units. Three separate studio spaces are complimented by two 2bd/1bth units in the main house. Enjoy the stability of long term tenancy that is enhanced with the benefit of short term tenancy rates. Many nearby amenities including parks, schools, shops, restaurants, entertainment, events, bike paths, bus lines, and more, only serve to create further desirability with longterm dependability. Rest easy knowing how many deliberate and mindful property improvements have taken place over the years, from new roofs to new paint and more. With detailed financials and proof of process available, this property is ready for its next owner(s) to enjoy its fruits.
Location
State OR
County Lane
Area _244
Zoning R-1
Interior
Heating Ductless, Wall Heater
Cooling Mini Split, Window Unit
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Cesar Chavez
Middle Schools Arts & Tech
High Schools Churchill
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "