MLS# 24636880 – 95 N Washington St, Eugene, OR 97401 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of John L. Scott Eugene.

Property Description

Description

6 Units

Status: Active

Year Built: 1974

Days on Website: 106

Brand New Six-Plex.Excellent investment and great return!!! No capital expenses. All units are rented to full occupancy. Centrally location to enjoy bike trails, the river, the rose gardens, and Skinner's Butte. There is even a community garden for those who love growing their produce. The combination of (2) two bedrooms and 4 studios provides flexibility to attract a diverse group of tenants. These units boast vaulted ceilings, skylights, luxury vinyl, and appliances including washers and dryers. The studios are efficiently designed with Murphy beds to maximize space. Conveniently close to the Fifth Street Public Market. Tenants can easily walk to downtown shops and entertainment. On-site parking for tenants. Every unit has a separate electric meter. A new $38,000 metal roof, new electrical and plumbing, and all capital improvements are done, making this a significant investment for years to come.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

3320

Built in 1974

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Community

Community Features:

AllLandscaping

Cooling

Cooling Equipped

Cooling:

MiniSplit

Expenses

Operating Expense:

$10,452

Exterior Features

Exterior Description:

CementSiding,LapSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Ductless

Income

CAP Rate:

5.18

Gross Income:

$107,880

Gross Rent Multiplier:

17.43

Gross Scheduled Income:

$114,300

Net Operating Income:

$97,428

Net Scheduled Income:

103848

Listing

Contract Status Change Date:

2024-05-24

Days On Market:

105

Last Transaction Date:

2024-08-27 16:34:01

List Price:

$1,880,000

Listing Contract Date:

2024-05-24

Listing Id:

24636880

Mls Status:

Active

Modification Timestamp:

2024-08-27 16:34:01

On Market Date:

2024-05-24

Previous List Price:

$188,000

Rent Includes:

Electricity,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_243

County Or Parish:

Lane

Lot

Features:

CornerLot

Size Acres:

0.19

Size Dimensions:

8276

Size Range:

SqFt20000toAcres1

Size Square Feet:

8,276

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AccordingToOwner,Leases,MaintenanceRecordsAvailable,RentRecords

Parking

Features:

Driveway,Paved

6 total parking spots

Possession

Possession:

ImmediatePossession

Property

Number Of Units Total:

Property Condition:

NewConstruction

Property View

Zoning:

Roof

Roof:

Metal

Schools

High School:

North Eugene

Middle Or Junior School:

Kelly

Elementary School:

River Road

Security Features

Features:

Entry,FireSprinklerSystem

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,061

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,750

Area:

900

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,600

Area:

430

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

Unit Three

Actual Rent:

$1,245

Area:

430

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

Unit Four

Actual Rent:

$1,650

Area:

900

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Unit Five

Actual Rent:

$1,145

Area:

400

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

Unit Six

Actual Rent:

$1,600

Area:

400

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Other

Water Source:

PublicWater

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$1,880,000 - Br/0Ba - for Sale in Eugene

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,880,000 -

95 N Washington St Eugene , OR 97401

MLS Area Major: _243

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on September 7, 2024 1:51PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.