MLS# 24164288 – 1242 Jackson St, Eugene, OR 97402 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Windermere RE Lane County.

Property Description

Description

3 Units

Status: Active

Year Built: 1935

Days on Website: 21

House plus duplex in great location. Sold As-Is. House has 2 bedrooms/ 1 bath and duplex units each have 1 bedroom/ 1 bath. Roof installed in 2022. Fully rented at below market rents. **Seller is offering a $60,000 credit towards upgrades at the list price.**

Property Details and Features

Building

Building Area Total:

1947

Built in 1935

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Expenses

Operating Expense Scheduled:

15548

Operating Expense:

$11,671

Exterior Features

Exterior Description:

Other,WoodSiding

Heating

Heating Available

Heating:

Baseboard,Other,WallHeater

Income

CAP Rate:

4.74

Gross Income:

$33,780

Gross Rent Multiplier:

13.29

Gross Scheduled Income:

$44,340

Net Operating Income:

$21,275

Net Scheduled Income:

28769

Listing

Contract Status Change Date:

2024-04-08

Days On Market:

Last Transaction Date:

2024-04-09 06:10:50

List Price:

$449,000

Listing Contract Date:

2024-04-08

Listing Id:

24164288

Mls Status:

Active

Modification Timestamp:

2024-04-29 02:47:59

On Market Date:

2024-04-08

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_245

County Or Parish:

Lane

Lot

Features:

Level

Size Acres:

0.11

Size Range:

SqFt3000to4999

Size Square Feet:

4,791

Size:

3,000 to 4,999 SqFt

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Fixer

Zoning:

S-JW

Schools

High School:

Churchill

Middle Or Junior School:

Arts & Tech

Elementary School:

Cesar Chavez

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,085

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$995

Area:

850

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$995

Area:

450

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$825

Area:

400

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$449,000 -

1242 Jackson St Eugene , OR 97402

MLS Area Major: _245

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 29, 2024 1:43PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.