MLS# 24528628 – 1607 Se Eddy St, Roseburg, OR 97470 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of eXp Realty LLC.

Property Description

Description

6 Units

Status: Active

Year Built: 1946

Days on Website: 81

Great investment opportunity! 1607,1609 and 1611 SE Eddy St. Tastefully updated Tri-plex with separate power and gas meters. New vinyl windows throughout, new exterior paint, Stainless steel gas range and double door stainless refrigerator. New smart electric range in 1611. All units rented on month to month. Detached storage unit. basement for storage. alley access. Owner pays water, sewer and garbage. tenants pay electric and gas. New owners can live in one unit and rent out the other two or rent out all three to maximize your income. Gorgeous views of Mt. Nebo and the Roseburg area. Agent related to owner. Amazing opportunity to own a triplex that can pay for itself or cashflow. Please don't disturb tenants 24 hour appointment required for showingSeller is still in the process of completing the remodel and has three more windows that will be installed before closing, some drywall, texture and paint.

Property Details and Features

Property Access

Road Surface Type:

Gravel,Paved

Basement

Basement:

CrawlSpace,PartialBasement,StorageSpace

Building

Building Area Total:

1866

Built in 1946

Storage:

Basement,IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Community

Community Features:

Laundry

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

3000

Operating Expense:

$3,000

Exterior Features

Exterior Description:

CementSiding,T111Siding

Foundation

Foundation Details:

Block,PillarPostPier

Water Features

Waterfront Features:

Other

Waterfront Property

Heating

Heating Available

Heating:

WallFurnace

Income

CAP Rate:

5.71

Gross Income:

$36,000

Gross Rent Multiplier:

11.67

Gross Scheduled Income:

$36,000

Net Operating Income:

$24,000

Net Scheduled Income:

30000

Listing

Contract Status Change Date:

2024-02-09

Days On Market:

Last Transaction Date:

2024-03-18 01:41:33

List Price:

$420,000

Listing Contract Date:

2024-02-09

Listing Id:

24528628

Mls Status:

Active

Modification Timestamp:

2024-03-18 01:41:33

On Market Date:

2024-02-09

Rent Includes:

TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_253

County Or Parish:

Douglas

Lot

Features:

GentleSloping,Level,Private

Size Acres:

0.11

Size Range:

SqFt3000to4999

Size Square Feet:

4,791

Size:

3,000 to 4,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases,UtilityRecordsAvailable

Parking

Features:

OffStreet

5 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Restored

Property View

Zoning:

res

Roof

Roof:

Composition

Schools

High School:

Roseburg

Middle Or Junior School:

Joseph Lane

Elementary School:

Eastwood

Security Features

Features:

Entry,SecurityLights

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$1,896

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,000

Area:

480

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,200

Area:

705

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$800

Area:

459

Features:

Range,Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$420,000 -

1607 Se Eddy St Roseburg , OR 97470

MLS Area Major: _253

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.