MLS# 24065269 – 4847/4849 Elderberry Loop, Springfield, OR 97478 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of United Real Estate Properties.

Property Description

Description

2 Units

Status: Pending

Year Built: 1975

Days on Website: 129

*Buyers do not disturb tenants* Owner Occupy ready one vacant unit. Welcome to this great investment opportunity, with many updates in place. The roof is approximately 8 years old, mini split AC units on both sides. One unit with updated cabinets, countertops, paint, and carpet. This property also boasts large backyards fully fenced and separated for tenants. Showings for both units are available upon accepted offer. Break out your check book and invest today!

Property Details and Features

Property Access

Road Surface Type:

Concrete

Building

Building Area Total:

1648

Built in 1975

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

MiniSplit

Expenses

Operating Expense:

$32,360

Exterior Features

Exterior Description:

BoardBattenSiding

Garage

Garage Spaces:

Heating

Heating Available

Heating:

MiniSplit,WallHeater

Income

CAP Rate:

7.99

Gross Income:

$35,940

Gross Rent Multiplier:

12.52

Net Operating Income:

$35,940

Listing

Contract Status Change Date:

2024-10-28

Cumulative Days On Market:

111

Days On Market:

103

Last Transaction Date:

2024-10-29 13:44:20

List Price:

$450,000

Listing Contract Date:

2024-07-17

Listing Id:

24065269

Mls Status:

Pending

Modification Timestamp:

2024-10-29 13:44:20

Off Market Date:

2024-10-28

On Market Date:

2024-07-17

Previous List Price:

$455,000

Purchase Contract Date:

2024-10-28

Rent Includes:

None

Standard Status:

Pending

Location

MLS Area Major:

_249

County Or Parish:

Lane

Lot

Features:

Level

Size Acres:

0.32

Size Range:

SqFt10000to14999

Size Square Feet:

13,939

Size:

10,000 to 14,999 SqFt

Parking

Features:

Garage,OnStreet

2 total parking spots

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

Thurston

Middle Or Junior School:

Agnes Stewart

Elementary School:

Mt Vernon

Security Features

Features:

HandicapAccess

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,581

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,550

Area:

824

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,375

Area:

824

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$450,000 -

4847/4849 Elderberry Loop Springfield , OR 97478

MLS Area Major: _249

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 10:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.