1261 ALDER ST, Eugene, OR 97401

$990,000
List Price
$990,000
Days on Market
9
MLS#
21215665
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Lane Co: East Eugene
Status
Pending

Property Description

Rare campus 9 Unit apartment building. Ready for value add or redevelopment. Zoned C3, within "Transit Overlay." New electric service and sewer. 7 units currently rented.

Additional Information

Tax Amount
$5,715
Year Built
1905
High School
South Eugene
Elementary School
Edison
Middle School
Roosevelt
Stories
3
Subdivision
Campus
Terms
Call Listing Agent
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Shingle Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
9
Sq Ft Approximate Building Total
4460
Capitalization Rate
3.91
Operating Expenses Actual
26352
Gross Income Actual
65104
Gross Rent Multiplier
15.21
Net Income Actual
38752
Occupancy Types
Month To Month, Vacant
Covenants/Restrictions
No
Road Surface
Gravel, Paved
Number Of Units Total
9
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
875
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
700
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
675
Unit Type Three Units Total
3
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
600
Unit Type Four Units Total
2
Unit Type Five Baths Total
1
Unit Type Five Beds Total
2
Unit Type Five Rent
750
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Real Estate Connections.

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