2343 WILBUR AVE, Eugene, OR 97402

$654,000

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List Price
$654,000
Price Change
▼ $1,000 1786402057
Days on Market
96
MLS#
303440273
Property Type
Multifamily
Lot Size
15, 000 to 19, 999 SqFt
Region
Lane Co: Danebo
Status
ACTIVE

Property Description

Investors looking for flexibility, multiple income opportunities, and room for future possibilities will want to take a close look at this approximately 0.40-acre property located at the end of a dead-end road. The property features a four-bedroom, two-bath main home, a separate two-bedroom, one-bath apartment, multiple outbuildings, RV parking with full hookups, and abundant parking. The combination creates a variety of potential income-producing uses while offering flexibility for an owner-occupant or investor. The main home offers a comfortable layout with an eat-in kitchen and breakfast bar, four bedrooms, and inviting living spaces. The primary suite includes a private bathroom with a walk-in shower and a sliding door leading to the covered patio.One room in the main home is currently used as an Airbnb and features a separate entrance with the ability to be closed off from the rest of the home. This provides an existing opportunity for supplemental income while maintaining the primary living space. The two-bedroom, one-bath apartment adds significant flexibility. Tall ceilings create an open, spacious feel, while separate parking provides added privacy and convenience. Additional income potential comes from the property's workspace and storage areas. The 24-by-24-foot detached garage provides room for vehicles, storage, or projects. The 15-by-24-foot shop features a large bay door and concrete floor and is currently rented for $300 per month, providing established rental income.The RV parking with full hookups offers another valuable income opportunity while adding flexibility for recreational use or guests. Outside, mature landscaping creates a park-like setting with a grape arbor, chicken coop, covered patio, and established outdoor spaces. The real appeal for investors is the property and the low taxes of $2215 really help on your profit margins

Additional Information

Tax Amount
$2,215
Year Built
1948
High School
Willamette
Elementary School
Malabon
Middle School
Shasta
Acres
0.40
Terms
Cash, Conventional
Cooling Description
Mini Split
Fuel Description
Electricity, Propane
Heating Description
Baseboard, Ductless
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Metal Siding
Roof Type
Composition
Sewer Description
Septic Tank
View
Territorial
Parking
Carport, Garage
Parking Description
Carport, Garage
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
4
Unit Type One Sq Ft
1480
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 Rent
600
Unit Type Three Units Total
1
Unit Type Four Rent
300
Unit Type Four Units Total
1

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Integrity.

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