648 W 5TH AVE, Eugene, OR 97402

$450,000
List Price
$450,000
Price Change
▼ $35,000 1633492729
Days on Market
108
MLS#
21243644
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Lane Co: West Eugene
Status
Active

Property Description

Historic home converted to apartments in the 1960's. Two 1 bedroom units on main level, 3 bedroom unit upstairs (side access) & rear access to basement apartment (remodeled 2017). New roof 2010. West basement wall (along driveway) waterproofed by John's Waterproofing 2016. Separate hot water heaters & electric meters for each unit. Ample parking & alley access. Large private storage room with laundry hook-ups (could be common laundry). Interior photos prior to occupation. Sold 'as-is'.

Additional Information

Tax Amount
$3,470
Year Built
1900
High School
North Eugene
Elementary School
River Road
Middle School
Kelly
Stories
3
Terms
Cash, Conventional, Rehab
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
3188
Capitalization Rate
3.66
Operating Expenses Actual
19436
Gross Income Actual
35895
Gross Rent Multiplier
12.54
Net Income Actual
16459
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
675
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
720
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
3
Unit Type Three Rent
855
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
795
Unit Type Four Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Bell Real Estate.

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