$695,000 Price Analysis    ♡   Roseburg, OR 97470 2 bed 5 bath 4,326 SqFt ($160/SqFt) 9,147SqFt lot. Built 1966 Listed 2024-01-19, Taxes $3,199 | ✓ USDA Eligible near Roseburg, OR Restrictions may apply due to home size |
Exceptional opportunity awaits in this commercially zoned 4-plex
Featuring 2 gorgeous freshly remodeled studio units, a 1 bedroom 2 bath room unit and a 1 bedroom 1 bathroom standalone unit, plus garages which are rented for additional $1, 300 in monthly income. Fresh renovations to much of the building. Pristine exterior decking, railing, lighting and paint. Interior of 2 units are original, other 2 units are fully renovated with attractive modern finishes. Has tremendous upside potential through updating remaining 2 units nd achieving max market rent. Building is currently fully leased making this an ideal turnkey investment opportunity!
Total gross income is $57, 372 annually. Eligible for residential financing, making this an easy purchase.
Presented by Evan Nelson at
eXp Realty, Inc. Oregon.
Property MLS #24348155 from RMLS
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Gas
Lot Size Acres: 0.2099862
Lot Size Square Feet: 9147
Parking Features: Driveway, OffStreet
Parking Total: 4
Rent Includes: Electricity, Gas, Sewer, TrashCollection, Water
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
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: 2
Middle School: Joseph Lane
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 3198.829999999
Source Listing Status: Active
County: Douglas
Cap Rate: 6.53
Directions: NE Stephens
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R44950
Zoning: C3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $137,040 + $81,054 $218,094 | $3,199 |
| 2020 | $137,040 + $81,054 $218,094 | $3,280 |
| 2019 | $137,040 + $81,054 $218,094 | $3,304 |
| 2018 | $0 + $0 $231,375 | $3,519 |
| 2017 | $0 + $0 $224,636 | $3,370 |
| 2016 | $137,040 + $81,054 $218,094 | $3,215 |
| 2015 | $137,040 + $81,054 $218,094 | $3,238 |
| 2014 | $0 + $0 $213,171 | $3,168 |
| 2013 | $unknown + $unknown $209,889 | $3,120 |
| 2012 | $unknown + $unknown $210,307 | $3,211 |
| 2011 | $unknown + $unknown $204,182 | $3,121 |
| 2010 | $unknown + $unknown $198,235 | $3,031 |
| 2009 | $unknown + $unknown $192,462 | $2,939 |
| 2008 | $unknown + $unknown $186,857 | $2,855 |
$695,000
RMLS
Listing removed 2024-03-28
$725,000
RMLS
Price Changed 2024-01-20
$725,000
RMLS
Listed 2024-01-19
$0
RMLS
Sold 2022-03-08
$475,000
RMLS
Listed 2021-09-20
$475,000
RMLS
Operating Expense: 12000
Building Area Total: 4326
Building Exterior Type: BoardBattenSiding, MetalSiding
Foundation Details: ConcretePerimeter
Property Age: 58
Property Condition: Restored
Roof: Metal
Levels or Stories: 2
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.