MLS# 24414416 – 1125 W 27th Ave, Eugene, OR 97405 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Hybrid Real Estate.

Property Description

Description

2 Units

Status: Active

Year Built: 1940

Days on Website: 68

Welcome to this adorable Friendly St neighborhood vintage cottage, with two units and so many possibilities! This has been a great nonconforming duplex rental for decades. There are middle housing opportunities and appealing short term rental options; it would make a wonderful owner-occupied or multi-generational duplex as well. With such an excellent location and a large lot, if you can dream it up, it can probably happen. As it is, you'll find easy one level living, with a 1 bedroom unit in the front and the back unit living more like a studio, with a partially separated ensuite bedroom. The entire property has been thoughtfully and carefully updated with newer paint, and some newer appliances in each unit. Both bathrooms are charmingly updated as well. There is a fenced yard, an inviting enclosed front porch, a storage garage, and other thoughtful details throughout. The front roof is 1.5 year old and the back half is 4.5 years old. All new exterior paint 1.5 years ago, the electrical has been updated, and all windows have been replaced! This desirable neighborhood has easy access to bistros, local shops, trails, parks, schools, and bus lines. This is classic urban living, a vintage home in a beloved neighborhood.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

1124

Built in 1940

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

Slab

Heating

Heating Available

Heating:

Baseboard,WallFurnace,Zoned

Income

CAP Rate:

6.87

Gross Income:

$28,800

Gross Rent Multiplier:

14.55

Net Operating Income:

$28,800

Listing

Contract Status Change Date:

2024-09-15

Days On Market:

Last Transaction Date:

2024-09-22 11:38:20

List Price:

$419,000

Listing Contract Date:

2024-09-15

Listing Id:

24414416

Mls Status:

Active

Modification Timestamp:

2024-09-22 11:38:20

On Market Date:

2024-09-15

Previous List Price:

$426,000

Rent Includes:

MaintenanceGrounds

Standard Status:

Active

Location

MLS Area Major:

_244

County Or Parish:

Lane

Lot

Features:

Level

Size Acres:

0.15

Size Range:

SqFt5000to6999

Size Square Feet:

6,534

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Incomplete

Parking

Features:

Driveway,OffStreet

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

Roof

Roof:

Composition

Schools

High School:

Churchill

Middle Or Junior School:

Arts & Tech

Elementary School:

Adams

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,849

Legal Description

Unit One

Actual Rent:

$1,200

Area:

675

Features:

Refrigerator,Unfurnished

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,200

Area:

449

Features:

Refrigerator,Unfurnished,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity,Tank

Internet Service Type:

Cable

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$419,000 -

1125 W 27th Ave Eugene , OR 97405

MLS Area Major: _244

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.