MLS# 23469102 – 1014 Se Pine St, Roseburg, OR 97470 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Southern Oregon-Umpqua Valley.

Property Description

Description

5 Units

Status: Active

Year Built: 1900

Neighborhood: Mill Pine

Days on Website: 394

Investor opportunity! 5 unit building. Located near downtown, this charming turn of the century historic building has 5 units! Covered front porch entry & a rear enclosed porch entry. Off street & nearby street parking. Loaded with original woodwork and character throughout including french doors and clawfoot soaking tubs. Front and back yard. Approximately 1.5 blocks from transit stop. Micelli Park & Templin Beach / Boat ramp also in close proximity. 2 other buildings for sale for a total of 16 residential units and 1 commercial / storage unit. 957 SE Stephens and 968 SE Pine Street are also available for purchase.

Property Details and Features

Property Access

Road Surface Type:

Gravel,Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

3370

Built in 1900

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

13344

Operating Expense:

$13,344

Exterior Features

Exterior Description:

LapSiding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter,PillarPostPier

Heating

Heating Available

Heating:

Radiant

Income

CAP Rate:

8.58

Gross Income:

$51,960

Gross Rent Multiplier:

8.66

Gross Scheduled Income:

$51,960

Net Operating Income:

$38,615

Net Scheduled Income:

38615

Listing

Contract Status Change Date:

2023-10-26

Days On Market:

394

Last Transaction Date:

2024-11-01 18:02:08

List Price:

$450,000

Listing Contract Date:

2023-10-26

Listing Id:

23469102

Mls Status:

Active

Modification Timestamp:

2024-11-23 01:40:46

On Market Date:

2023-10-26

Previous List Price:

$475,000

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_253

Subdivision Name:

Mill Pine

County Or Parish:

Douglas

Lot

Features:

Level,OnBusline

Size Range:

SqFt20000toAcres1

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AccordingToOwner,RentRecords,UtilityRecordsAvailable

Parking

Features:

Open

4 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

MR14

Schools

High School:

Roseburg

Middle Or Junior School:

Fremont

Elementary School:

Fir Grove

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,446

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$750

Area:

700

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$750

Area:

700

Features:

HardwoodFloors,Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$750

Area:

700

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,000

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Five

Actual Rent:

$700

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Electricity,Tank

Internet Service Type:

DSL,Satellite

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$450,000 -

1014 Se Pine St Roseburg , OR 97470

MLS Area Major: _253

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.