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Charles "Phil" Carscallen

MORE Realty

phil.carscallen@gmail.com +1(503) 453-5512

Listed by Hybrid Real Estate

$ 775,000

Est. payment | -/mo

2,415 SqFt

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$ 775,000

Est. payment | -/mo

Save Virtual Tour

2,415 SqFt

OPEN HOUSE

Sat Nov 23, 1:00pm - 3:30pm

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

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 453-5512

phil.carscallen@gmail.com

346 SE 9th Ave, Hillsboro, OR, 97123, USA

1920 CHAMBERS ST Eugene, OR 97405