709 S 1ST ST, Cottage Grove, OR 97424

$320,000
List Price
$320,000
Days on Market
36
MLS#
19089385
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Lane Co: South Lane Properties
Status
Active

Property Description

Investor Alert! Well maintained duplex in a great neighborhood. Current rents are below market rate. The property is much larger on the inside than it appears from the exterior. New hot water heaters in 2019. Both units feature fenced yards and storage units.

Additional Information

Tax Amount
$2,772
Year Built
1900
High School
Cottage Grove
Elementary School
Bohemia
Middle School
Lincoln
Stories
1
Terms
Cash, Conventional, FHA, VA Loan
Basement Foundation
Crawl Space
Fuel Description
Gas
Heating Description
Forced Air
Hot Water Description
Gas
Exterior Description
Other, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
2600
Capitalization Rate
3.08
Operating Expenses Actual
6953
Gross Income Actual
16800
Gross Rent Multiplier
19.05
Net Income Actual
9847
Utilities Included
None
Covenants/Restrictions
No
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
4
Unit Type One Rent
750
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Rent
650
Unit Type Two 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 Keller Williams /Eugene-Spfld.

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