$720,000 Price Analysis    ♡   Roseburg, OR 97470 10 bed 10 bath unknown SqFt ($0/SqFt) Built 1952 Listed 2023-12-02, Taxes $2,371 | ✓ USDA Eligible near Roseburg, OR |
This 4-plex in Roseburg
OR, presents an exceptional investment opportunity with stable income and minimal owner involvement. Remodeled in 2023 specifically for adult home care services, the property offers: >>Stable, NNN Lease: $3, 600 monthly income with a long-term, 5-year lease and a reputable tenant. >>Strong ROI: Four 1-bedroom, 1-bathroom units, each leased for $900 NET per month, generating a strong annual ROI of 6%. >>Passive Ownership: Enjoy minimal management hassle as the tenant covers taxes, insurance, utilities and maintenance. >>Tenant pays RE Taxes and Insurance in addition to all utilities and maintenance, directly to appropriate agencies.
>>No deferred maintenance thanks to recent renovations and a tenant responsible for maintenance and their own remodel needs. >>Built-in Stability: Benefit from a 5-year lease, plus renewal options and annual rent increases, ensuring consistent income with long-term income growth and minimal management hassle. >>Minimal Vacancy Risk: The unique property design tailored for adult home care services minimizes vacancy risk and enhances tenant satisfactin. Home Care State Licenses are specific to property and are not easily transferable or moved hence the st ability of tenant for a long easy Net income. >>Flexible Financing: We're open to discussing seller financing options with competitive rates and reasonable down payments, making this opportunity even more attractive.
Presented by Jonathan Minerick at
homecoin.com.
Property MLS #23487145 from RMLS
Heating Features: ForcedAir
Heating: Yes
Security Features: FireEscape, SecurityLights, Sidewalk
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 2442.989999999
Source Listing Status: Active
County: Douglas
Cap Rate: 6
Directions: 726 SE Flint St, Roseburg OR 97470
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R69912
Zoning: MR-14
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $161,710 | $2,371 |
| 2021 | $unknown + $unknown $157,000 | $2,302 |
| 2020 | $unknown + $unknown $152,428 | $2,292 |
| 2019 | $unknown + $unknown $147,989 | $2,242 |
| 2018 | $unknown + $unknown $143,679 | $2,184 |
| 2017 | $unknown + $unknown $139,495 | $2,120 |
| 2016 | $unknown + $unknown $135,433 | $2,050 |
| 2015 | $unknown + $unknown $131,489 | $2,006 |
| 2014 | $unknown + $unknown $127,660 | $1,949 |
| 2013 | $unknown + $unknown $123,942 | $1,892 |
| 2012 | $unknown + $unknown $120,333 | $1,839 |
| 2011 | $unknown + $unknown $116,829 | $1,786 |
| 2010 | $unknown + $unknown $113,427 | $1,734 |
| 2009 | $unknown + $unknown $110,124 | $1,681 |
| 2008 | $unknown + $unknown $106,917 | $1,633 |
| 2007 | $unknown + $unknown $103,803 | $1,603 |
$720,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2023-12-02
$720,000
RMLS
Listing removed 2022-12-06
$350,000
RMLS
Listing removed 2015-03-27
$200,000
RMLS
Relisted 2014-11-02
$200,000
RMLS
Listing removed 2014-11-01
$200,000
RMLS
Listed 2013-04-01
$200,000
RMLS
Listing removed 2009-11-01
$430,000
RMLS
Price Changed 2009-10-18
$430,000
RMLS
Price Changed 2009-07-14
$450,000
RMLS
Listed 2009-01-26
$465,000
RMLS
Sold 2002-08-05
$145,000
Public Record
Sold 2001-06-29
$67,500
Public Record
Building Exterior Type: Stucco
Foundation Details: Slab
Property Age: 72
Property Condition: UpdatedRemodeled
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.