2663 31ST ST, Springfield, OR 97477

$950,000
List Price
$950,000
Days on Market
7
MLS#
19040805
Property Type
Multifamily
Lot Size
1 to 2.99 Acres
Region
Lane Co: Hayden Bridge
Status
Active

Property Description

INVESTOR ALERT! Rare opportunity to own a 7 plex on 2.97 level acres in highly sought after Hayden Bridge area. LOW county taxes this property appears to be in the Urban Growth Boundary. 3 Buildings, Building #1 4 units- 1 Bed, 1 Bath, Building #2 6 separate garages, Building #3 2 units, 1 Bed, 1 Bath and 1 unit 3 Bed, 1 Bath with a large utility room with separate entrance and 1 car garage. DO NOT DISTURB TENANTS

Additional Information

Tax Amount
$3,116
Year Built
1930
High School
Thurston
Elementary School
Yolanda
Middle School
Briggs
Garage Spaces
25
Terms
Cash, Conventional, Contract
Cooling Description
None
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Other
Roof Type
Composition
Sewer Description
Septic Tank
Water Description
Public
View
Seasonal
Sq Ft Approximate Building Total
4754
Capitalization Rate
7.15
Operating Expenses Actual
3500
Gross Income Actual
71400
Gross Rent Multiplier
13.31
Net Income Actual
67900
Utilities Included
Trash Collection, Water
Parking Description
Guest, Garage
Number Of Units Total
7
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
700
Unit Type One Sq Ft
800
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
750
Unit Type Two Sq Ft
600
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
750
Unit Type Three Sq Ft
800
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
500
Unit Type Four Sq Ft
800
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
3
Unit Type Five Rent
1800
Unit Type Five Sq Ft
1422
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of ICON Real Estate Group.

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