486 W N ST, Springfield, OR 97477

$395,000
Sold Price
$395,000
List Price
$395,000
Closing Date
Oct 17, 2019
Days on Market
70
MLS#
19019731
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Lane Co: Springfield
Status
Sold

Property Description

OPPORTUNITY!Owner May Carry with 20% down; longterm tenants; rents very low; much upside potential; do not disturb tenants;

Additional Information

Tax Amount
$3,767
Year Built
1930
High School
Springfield
Elementary School
Centennial
Middle School
Hamlin
Stories
2
Terms
Cash, Conventional, Contract
Basement Foundation
Block, Crawl Space, Stem Wall
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
T-111 Siding, Wood Siding
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
70
Sq Ft Approximate Building Total
4376
Capitalization Rate
5.25
Operating Expenses Actual
7000
Gross Income Actual
33000
Gross Rent Multiplier
11.97
Net Income Actual
26000
Utilities Included
Sewer, Water
Parking Description
Off Site, Garage
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
750
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
700
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Units Total
1
Unit Type Four Baths Total
2
Unit Type Four Beds Total
4
Unit Type Four Rent
800
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Equinox Real Estate. Selling Office: Duncan Real Estate Group Inc.

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