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Listed by Mitchell and Associates Real Estate LLC • donatamitchell@msn.com
$795,000
Est. payment /mo
3,180 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $250
MLS Listing ID 448645088
HOA Y/N No
Year Built 2019
Annual Tax Amount $6,700
Lot Size 0.280 Acres
Property Description
Built in 2019, this well-maintained property sits on a high-visibility corner lot, offering excellent exposure for commercial use while also providing comfortable residential living above. The location is highly convenient, within seconds to pharmacies, medical offices, Safeway, restaurants, and other retail amenities. The building includes four total units—two commercial spaces on the ground floor and two residential apartments upstairs. All units are currently leased, generating an immediate gross income of $4,650 per month. Three units rent for $1,250 each, while one apartment is currently leased at $900.The property features a paved parking lot with 9+ spaces, as well as a detached four-unit storage building at the rear.The commercial suites offer flexibility for a variety of uses and can be customized or combined into a larger space if desired. Each unit includes concrete floors, ADA-compliant half bathrooms, and both front and rear entrances. Upstairs, the two residential units are nicely finished and each offer one bedroom and one and a half bathrooms. They feature open-concept layouts, knotty pine cabinetry, spacious breakfast bars, pantries, stainless steel appliances, LVP flooring, indoor laundry rooms, and instant hot water heaters. Each apartment also includes a private second-story balcony.
Location
State OR
County Lane
Area _235
Zoning C2P
Interior
Heating Ductless
Cooling Heat Pump
Exterior
View City
Roof Type Metal
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Harrison
Middle Schools Lincoln
High Schools Cottage Grove
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Corbin & Vollstedt Group
Owner/Admin | License ID: 200812045
Owner/Admin License ID: 200812045