MLS# 24160138 – 1408 Ferry St, Eugene, OR 97401 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Triple Oaks Realty LLC.

Property Description

Description

3 Units

Status: Pending

Year Built: 1940

Days on Website: 54

Newly remodeled triplex on the edge of the U of O campus! New roof, siding, windows, and electrical service. Updated bathrooms, appliances, refinished hardwood floors, laundry room in the basement, and new mini splits for each unit. This is certain to be a low-maintenance investment property, and it's already at 100% occupancy. Financials and lease information available through your Broker. Don't miss this excellent opportunity!

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

PartialBasement

Building

Built in 1940

Unit Type Type:

UnitTypeType1

Cooling

Cooling Equipped

Cooling:

MiniSplit

Expenses

Operating Expense:

$12,420

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

Ductless

Income

CAP Rate:

5.32

Gross Income:

$49,680

Gross Rent Multiplier:

14.09

Net Operating Income:

$37,260

Listing

Contract Status Change Date:

2024-11-15

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-11-15 17:02:02

List Price:

$700,000

Listing Contract Date:

2024-09-28

Listing Id:

24160138

Mls Status:

Pending

Modification Timestamp:

2024-11-15 17:07:13

Off Market Date:

2024-11-15

On Market Date:

2024-09-28

Purchase Contract Date:

2024-11-15

Rent Includes:

None

Standard Status:

Pending

Location

MLS Area Major:

_243

County Or Parish:

Lane

Lot

Size Acres:

0.09

Size Range:

SqFt3000to4999

Size Square Feet:

3,920

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

Leases,ProfitLossStatement

Parking

Features:

OnStreet

Property

Number Of Units Total:

Zoning:

Roof

Roof:

Composition

Schools

High School:

South Eugene

Middle Or Junior School:

Roosevelt

Elementary School:

Edison

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,757

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,380

Area:

500

Features:

AirConditioning,Dishwasher,Range,WoodFloors

Units Total:

1 total bathroom

1 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

$700,000 -

1408 Ferry St 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.