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    1601 Spruce St

    Florence, OR 97439
    • $910,000
    • STATUS: Active
    • ON SITE: 108 days
    • MLS #: 20245280
    $910,000
    • 11
      BEDS
    • N/A
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1998
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare opportunity 7-plex in town fully rented and well cared for units on nice corner lot with 4 ground level garage spaces and two additional uncovered parking spaces. Four 2 bedroom, 1 bath units 800 sq ft each. Three 1 bedroom, 1 bath units 700 sq ft each. All units have washer/dryer hook-ups. Beautifully designed, well maintained property with long term tenants in place.

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-01-17T23:39:38.347.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/110590741
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    1601 Spruce St Florence, OR 97439

    • Price: $910,000
    • Status: Active
    • MLS #: 20245280
    11
    Beds
    7
    Baths
    0
    ½ Baths
    N/A
    Acres
    1998
    Built
    Neighborhood:
    228-Lane Co:Florence Town
    County:
    Lane
    Area:
    228-Lane Co:Florence Town
    Elementary School:
    Siuslaw
    Middle School:
    Siuslaw
    High School:
    Siuslaw
    Property Description
    Rare opportunity 7-plex in town fully rented and well cared for units on nice corner lot with 4 ground level garage spaces and two additional uncovered parking spaces. Four 2 bedroom, 1 bath units 800 sq ft each. Three 1 bedroom, 1 bath units 700 sq ft each. All units have washer/dryer hook-ups. Beautifully designed, well maintained property with long term tenants in place.
    Exterior Features

    Lot Description Corner LotLevel Lot Size 10000 To 14999 Sqft Parking Features CarportGarage Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Other Foundation Details Other Heating Description Zoned Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorStorage Unit Type1 Features DishwasherRangeRefrigeratorStorage Unit Type1 Sq Ft 800 Unit Type2 Features DishwasherRangeRefrigeratorStorage Unit Type2 Sq Ft 800 Unit Type3 Features DishwasherRangeRefrigeratorStorage Unit Type3 Sq Ft 700 Unit Type4 Features DishwasherRangeRefrigeratorStorage Unit Type4 Sq Ft 700 Unit Type5 Features DishwasherRangeRefrigeratorStorage Unit Type5 Sq Ft 800 Unit Type6 Features DishwasherRangeRefrigeratorStorage Unit Type6 Sq Ft 800 Unit Type7 Features DishwasherRangeRefrigeratorStorage Unit Type7 Sq Ft 700

    Property Features

    Bank Owned YN No Capitalization Rate 4.18 Common Amenities Commons Country Us Fuel Description Electricity Gross Income Actual 60925 Gross Rent Multiplier 14.94 Net Income Actual 38022 Operating Expenses Actual 22903 Property Condition Existing Rent Includes Trash CollectionWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 6821.95 Third Party Approval YN No Unit Type1 Rent 750 Unit Type1 Units Total 1 Unit Type2 Rent 850 Unit Type2 Units Total 1 Unit Type3 Rent 600 Unit Type3 Units Total 1 Unit Type4 Rent 750 Unit Type4 Units Total 1 Unit Type5 Rent 775 Unit Type5 Units Total 1 Unit Type6 Rent 850 Unit Type6 Units Total 1 Unit Type7 Rent 700 Unit Type7 Units Total 1 Zoning Rm

    Listing provided courtesy of Berkshire Hathaway Homeservices Nw Real Estate.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-01-17T23:39:38.347.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
     
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    Beach Loop Realty
    1010 1st St SE, Suite 290
    Bandon OR, 97411