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.
| MLS # | 263892576 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 141 |
| Listing Provided By | Altura Real Estate | Joey Dion |
| SQ Feet | 2,415 |
|---|---|
| Units | 5 |
| Zoning | R-1 |
| Heating | Ductless, Wall Heater |
|---|---|
| Heating Yn | Yes |
| Cooling | Mini Split, Window Unit |
| Cooling Yn | Yes |
| Attached Garage Yn | No |
|---|
| Property | 4697 |
|---|
| State | OR |
|---|---|
| County | Lane |
| City | Eugene |
| Zip Code | 97405 |
| School District | Churchill |
| Elementary School | Cesar Chavez |
| High School | Churchill |
| Listing VS Median (in 97405) | |
Price: $800,000 low | high Med: $619,500 sqft: 2,415 low | high Med: 2,204 $ / sqft: $331 low | high Med: $286 On site: 141 low | high Med: 118.5 | |
| State | OR |
|---|---|
| County | Lane |
| City | Eugene |
| Zip Code | 97405 |
| School District | Churchill |
| Elementary School | Cesar Chavez |
| High School | Churchill |
| Listing VS Median (in 97405) | |
Price: $800,000 low | high Med: $619,500 sqft: 2,415 low | high Med: 2,204 $ / sqft: $331 low | high Med: $286 On site: 141 low | high Med: 118.5 | |