MLS# 24268422 – 131 Ash St, Myrtle Point, OR 97458 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Pacific Properties.

Property Description

Description

4 Units

Status: Active

Year Built: 1909

Days on Website: 48

Large turn of the century triplex with large shop in excellent Myrtle Point location adjacent the city park. First floor features a large 2 bedroom apartment that is light and bright with large bay window, nice hardwood floors and lots of charm. Upstairs has two, one bedroom apartments each approximately 750 square feet. Large corner lot featuring nice yard and some porches perfect for sitting an watching the park and neighborhood. Large 26X32 shop with loft area rented for $250 per month and plenty of parking. Perfect place to live and rent out the other units to pay the mortgage and have a shop in town! Priced to sell! Call today...

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2876

Built in 1909

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Cooling

Cooling:

None

Expenses

Operating Expense:

$3,912

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

PillarPostPier,Skirting

Garage

Garage Spaces:

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

6.33

Gross Income:

$24,480

Gross Rent Multiplier:

13.28

Net Operating Income:

$20,568

Listing

Contract Status Change Date:

2024-03-13

Days On Market:

Last Transaction Date:

2024-03-25 11:36:57

List Price:

$325,000

Listing Contract Date:

2024-03-13

Listing Id:

24268422

Mls Status:

Active

Modification Timestamp:

2024-04-30 02:56:37

On Market Date:

2024-03-13

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_260

County Or Parish:

Coos

Lot

Features:

CornerLot,OnBusline

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

OffStreet

6 total parking spots

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

R-1

Roof

Roof:

Composition

Schools

High School:

Myrtle Point

Middle Or Junior School:

Myrtle Point

Elementary School:

Myrtle Crest

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$1,975

Legal Description

Unit One

Actual Rent:

$495

Area:

750

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$495

Area:

750

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$800

Area:

1376

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$250

Area:

832

Features:

Storage

Units Total:

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$325,000 -

131 Ash St Myrtle Point , OR 97458

MLS Area Major: _260

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 30, 2024 8:44AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.