MLS# 23569393 – 1048 N Old Pacific Hwy, Myrtle Creek, OR 97457 – John Wesley McPherson, Jr., The Portland Team

Property Details and Features

Cooling

Cooling:

Other

Property Access

Road Surface Type:

Gravel

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2254

Built in 1953

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Expenses

Operating Expense:

$8,928

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Water Features

Water Body Name:

NOT WATERFRONT

Waterfront Features:

Other

Waterfront Property

Heating

Heating:

Other

Income

CAP Rate:

7.85

Gross Income:

$25,800

Gross Rent Multiplier:

8.33

Net Operating Income:

$16,872

Listing

Contract Status Change Date:

2024-04-06

Cumulative Days On Market:

197

Days On Market:

197

Last Transaction Date:

2024-04-08 15:42:08

List Price:

$215,000

Listing Contract Date:

2023-09-22

Listing Id:

23569393

Mls Status:

Pending

Modification Timestamp:

2024-04-08 15:47:17

Off Market Date:

2024-04-06

On Market Date:

2023-09-22

Previous List Price:

$229,900

Purchase Contract Date:

2024-04-06

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_258

County Or Parish:

Douglas

Lot

Features:

Level

Size Range:

SqFt20000toAcres1

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Open

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Fixer

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

South Umpqua

Middle Or Junior School:

Coffenberry

Elementary School:

Tri City

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$1,065

Legal Description

Tax Year:

2022

Unit One

Actual Rent:

$500

Area:

384

Features:

Range,Refrigerator,Unfurnished

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$500

Area:

384

Features:

Range,Refrigerator,Unfurnished

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$500

Area:

534

Features:

Range,Unfurnished,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$650

Area:

952

Features:

Range,Refrigerator,Unfurnished,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity,Tank

Water Source:

PublicWater

[+] Read More

1048 N Old Pacific Hwy Myrtle Creek , OR 97457

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby