872 S MAIN ST, Myrtle Creek, OR 97457

$415,000
List Price
$415,000
Days on Market
16
MLS#
22099826
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Douglas Co: Myrtle Creek/S&SE of Roseburg to Ti
Status
Active

Property Description

Hard to find investment opportunity! This 5 unit complex is in town close to public transportation, shopping, dining and more. The building has new roof, paint, windows and doors. Most units have been remodeled. This complex features three 2/1 and two 1/1 setups. There is a coin-operated laundry room on-site along with an office for management. Designated parking off the street for each unit is available. All units are currently rented. Please for financial details.

Additional Information

Tax Amount
$1,080
Year Built
1952
High School
South Umpqua
Elementary School
Myrtle Creek
Middle School
Coffenberry
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Stucco
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
View
City, Mountain(s)
Sq Ft Approximate Building Total
2908
Capitalization Rate
10.77
Operating Expenses Actual
1081
Gross Income Actual
31000
Gross Rent Multiplier
13.39
Net Income Actual
44700
Occupancy Types
Leased
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
5
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
650
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
850
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
725
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
800
Unit Type Four Units Total
1
Unit Type Five Baths Total
1
Unit Type Five Beds Total
2
Unit Type Five Rent
700
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of J Mann Realty.

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