MLS# 24029329 – 204 Ne Pine Ave, Myrtle Creek, OR 97457 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Walt Gayner Real Estate.

Property Description

Description

3 Units

Status: Active

Year Built: 1948

Days on Website: 25

House and duplex on one lot. Excellent income generator. Currently fully occupied. Photos are from Unit A (house). Recent substantial work on two of the units. Roofs are good on both structures with very little age on them. Seller willing to carry a contract with mutually acceptable down payment and interest rate.

Property Details and Features

Property Access

Road Surface Type:

Gravel

Building

Built in 1948

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Expenses

Operating Expense:

$5,000

Exterior Features

Exterior Description:

VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating:

GasStove,WallHeater

Income

CAP Rate:

6.63

Gross Income:

$28,200

Gross Rent Multiplier:

12.41

Gross Scheduled Income:

$28,200

Net Operating Income:

$23,200

Listing

Contract Status Change Date:

2024-04-05

Days On Market:

Last Transaction Date:

2024-04-09 13:46:15

List Price:

$349,900

Listing Contract Date:

2024-04-05

Listing Id:

24029329

Mls Status:

Active

Modification Timestamp:

2024-04-09 13:46:15

On Market Date:

2024-04-05

Rent Includes:

Sewer,Water

Standard Status:

Active

Location

MLS Area Major:

_257

County Or Parish:

Douglas

Lot

Features:

Level

Size Acres:

0.24

Size Range:

SqFt10000to14999

Size Square Feet:

10,454

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

OffStreet

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

Roof

Roof:

Composition,Membrane

Schools

High School:

Other

Middle Or Junior School:

Other

Elementary School:

Other

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$1,431

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$875

Area:

1175

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$625

Area:

440

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$850

Area:

440

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$349,900 -

204 Ne Pine Ave Myrtle Creek , OR 97457

MLS Area Major: _257

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 30, 2024 4:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.