MLS# 24651685 – 462 W Ballf St, Roseburg, OR 97471 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of RE/MAX Integrity.

Property Description

Description

3 Units

Status: Active

Year Built: 1953

Days on Website: 51

Fantastic multifamily investment or multi generational living opportunity on the west side of Roseburg! Great location on a quiet street within walking distance to schools, and restaurants. There are 3 houses on the property that are rented out to long term tenants with room to add more units on the .42 acre lot which is zoned MR14. 462 is a 1 bedroom/1 bath, 470 is a 2 bedroom/1 bath, and 472 is a 2 bedroom/1.5 bath home that has been recently remodeled. Features for these properties include hardwood floors, ceiling fans, decks, an extra deep oversized 1 car garage, shed, lots of parking, RV parking, and more. This is a perfect opportunity for someone to put in sweat equity to easily increase the value of this property. 462 and 470 are definitely under market rents. There is room to increase rents to increase revenues. Don't miss this great buy! Call for your private tour today.

Property Details and Features

Building

Built in 1953

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Expenses

Operating Expense:

$7,800

Exterior Features

Exterior Description:

LapSiding,ShakeSiding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

4.64

Gross Income:

$28,680

Gross Rent Multiplier:

15.69

Net Operating Income:

$20,880

Listing

Contract Status Change Date:

2024-03-08

Days On Market:

Last Transaction Date:

2024-03-11 14:50:45

List Price:

$449,900

Listing Contract Date:

2024-03-08

Listing Id:

24651685

Mls Status:

Active

Modification Timestamp:

2024-03-11 14:50:45

On Market Date:

2024-03-08

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_254

County Or Parish:

Douglas

Lot

Features:

Level,Trees

Size Acres:

0.42

Size Range:

SqFt20000toAcres1

Size Square Feet:

18,295

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

Leases

Parking

Features:

Driveway,RVAccessParking

5 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

MR14

Roof

Roof:

Composition

Schools

High School:

Roseburg

Middle Or Junior School:

Fremont

Elementary School:

Fir Grove

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,829

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$605

Area:

520

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$1,200

Area:

1144

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

6 total bathrooms

2 total bedroom

Unit Three

Actual Rent:

$585

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$449,900 -

462 W Ballf St Roseburg , OR 97471

MLS Area Major: _254

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.