1071 W 13TH AVE, Eugene, OR 97402

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List Price
$795,000
Days on Market
1
MLS#
164563344
Property Type
Multifamily
Sqft. of Residence
3,208
Lot Size
10, 000 to 14, 999 SqFt
Region
Lane Co: West Eugene
Status
ACTIVE

Property Description

Excellent investment opportunity with this well-maintained 4-unit property at 1071–1077 W 13th Ave in Eugene. Each unit offers 2 bedrooms and 1 bathroom with updated interiors and established tenants in place. Current combined rents are $5,900 per month, providing $70,800 in annual scheduled rental income. Estimated annual operating expenses are approximately $19,349, resulting in estimated net operating income of approximately $51,451. Offered at $795,000, the property reflects an indicated cap rate of approximately 6.47%. Convenient Eugene location with easy access to downtown, the University of Oregon, shopping, restaurants, bike paths and public transportation. The seller has personally managed the property without the expense of a professional property management company. Please do not disturb tenants. Contact listing broker for current leases, income and expense information and additional documentation. Showings will be arranged with an accepted offer.

Additional Information

Tax Amount
$6,395
Year Built
1978
High School
Churchill
Elementary School
Cesar Chavez
Middle School
Arts & Tech
Acres
0.25
Living Area
3,208
Stories
1
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Maintenance Grounds
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1450
Unit Type One Sq Ft
769
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1525
Unit Type Three Sq Ft
835
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1450
Unit Type Four Sq Ft
835
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Triple Oaks Realty LLC.

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