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$425,000   Price Analysis
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957 SE Stephens St
Roseburg, OR 97470
6 bed 3 bath unknown SqFt ($0/SqFt)
Built 1885
Listed 2023-10-26
USDA Eligible
near Roseburg, OR
 

Investor Alert!

This charming building is on a sizeable lot with covered porches and roomy units. Privacy and views. The lot extends to Stephens St and has a street front garage for office / storage spce for rent.

Close proximity to public transit and public services. 957 SE Stephens St (3 units, 3, 274 sqft on 0.32 acres. Additional 2 buildings also available for a total of 16 units. 1014 SE Pine St is 5 units and 968 SE Pine St has 7 units plus a detached 2/1 home.


Presented by Mary Gilbert at
Keller Williams Southern Oregon-Umpqua Valley.
Listing Agent Photo

Property MLS #23463521 from RMLS

Bedrooms: 6

Full Bathrooms: 3

Heating Features: ForcedAir
Heating Fuel: Electricity
Heating: Yes
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: GentleSloping, Level, Private

Road Surface Type: Gravel, Paved

Parking Features: Open
Parking Total: 4

View: City, Valley

Elementary School: Fir Grove
High School: Roseburg
Middle School: Fremont

Roseburg High School is a public high school located approximately 0.7 miles away.
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John C Fremont Middle School is a public middle school located approximately 1.2 miles away.
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Eastwood Elementary School is a public elementary school located approximately 1.4 miles away.
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St Paul Lutheran School is a private elementary school located approximately 1.2 miles away.
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Gross Income: 47880
Gross Scheduled Income: 47880
Rent Includes: Electricity, Gas, MaintenanceGrounds, Sewer, TrashCollection, Water

Number of Units: 3
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

LotSizeRange: SqFt20000toAcres1
Annual Tax Amount: 3204.27
Source Listing Status: Active
County: Douglas
Cap Rate: 8.43
Directions: Fronts SE Stephens St, access to residential units is Stephens to Blakely to Left on Cobb St.
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: R72243
Zoning: C3
Source System Name: C2C

Price Changed 2024-06-27
$425,000
RMLS
Price Changed 2024-01-20
$450,000
RMLS
Price Changed 2024-01-18
$0
RMLS
Price Changed 2024-01-09
$450,000
RMLS
Listed 2023-10-26
$475,000
RMLS

Net Operating Income: 35836
Operating Expense: 12043

Year Built: 1885
Building Exterior Type: LapSiding, WoodSiding
Foundation Details: ConcretePerimeter, PillarPostPier
Property Age: 139
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 3

Sewer: PublicSewer
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.