MLS# 24044529 – 255 E 14th Ave, Eugene, OR 97401 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of eXp Realty LLC.

Property Description

Description

2 Units

Status: Active

Year Built: 1965

Days on Website: 206

Commercial General zoned opportunity. Phenomenal Business and Owner occupied potential in the Heart of Eugene. 2 Blocks from U of O campus. Currently has Well maintained 2 x 1Bd/1 Bt units on 2nd floor, 255 E 14th #1, #2. Approximately 689 SF. Month to month. 1st floor has Reception, 3 Offices, lab area, 2 bathrooms, Kitchen Area, Break Room and Utility. Roof was replaced approximately 2012.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

2756

Built in 1965

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

Other

Expenses

Operating Expense Scheduled:

7955

Operating Expense:

$5,730

Exterior Features

Exterior Description:

Block,Other,VinylSiding

Foundation

Foundation Details:

Other

Heating

Heating Available

Heating:

ForcedAir,WallHeater,Zoned

Income

CAP Rate:

5.42

Gross Income:

$45,600

Gross Rent Multiplier:

16.12

Gross Scheduled Income:

$61,200

Net Operating Income:

$39,870

Net Scheduled Income:

53245

Listing

Contract Status Change Date:

2024-04-08

Days On Market:

227

Last Transaction Date:

2024-08-12 12:16:15

List Price:

$735,000

Listing Contract Date:

2024-04-08

Listing Id:

24044529

Mls Status:

Active

Modification Timestamp:

2024-08-12 12:16:15

On Market Date:

2024-04-08

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_243

County Or Parish:

Lane

Lot

Features:

CornerLot,OnBusline

Size Acres:

0.07

Size Dimensions:

67x47

Size Range:

SqFt3000to4999

Size Square Feet:

3,049

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Incomplete

Parking

Features:

Assigned,Paved

5 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

ComGen

Roof

Roof:

BuiltUp,Membrane

Schools

High School:

South Eugene

Middle Or Junior School:

Roosevelt

Elementary School:

Edison

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,895

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$650

Area:

689

Features:

Deck,Dishwasher,Range,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$650

Area:

689

Features:

Deck,Dishwasher,Range,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable,Other

Water Source:

PublicWater

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Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$735,000 -

255 E 14th Ave Eugene , OR 97401

MLS Area Major: _243

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.