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550 E Main St

Ashland, OR 97520
  • $1,195,000
  • STATUS: Active
  • ON SITE: 26 days
  • MLS #: 21060496
UPDATED: 125 min ago
$1,195,000
  • 6
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,411
    SQFT
  • $350
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fully-renovated, 3-unit guesthouse (Studio, 1BR & 2BR with robust kitchenettes) just one block from downtown Ashland! Permits issued to build 2 more units! Currently used as a luxury, extended-stay hotel, this multi-purpose building could be used for commercial, office, multi-family, AirBNB, owner occupied, or combo! Turn-of-century gem remodeled to the studs in 2017, no expense spared. Daylight basement with double laundry, wine cellar, storage & housekeeper space. Parking for 5 cars.

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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 2021-07-30T23:39:46.63.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/118983672
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550 E Main St Ashland, OR 97520

  • Price: $1,195,000
  • Status: Active
  • Updated: 125 min ago
  • MLS #: 21060496
6
Beds
6
Baths
0
½ Baths
N/A
Acres
3,411
SQFT
$350
$/SQFT
1890
Built
Neighborhood:
Downtown
County:
Jackson
Area:
Jackson Co: Ashland
Elementary School:
Walker
Middle School:
Ashland
High School:
Ashland
Property Description
Fully-renovated, 3-unit guesthouse (Studio, 1BR & 2BR with robust kitchenettes) just one block from downtown Ashland! Permits issued to build 2 more units! Currently used as a luxury, extended-stay hotel, this multi-purpose building could be used for commercial, office, multi-family, AirBNB, owner occupied, or combo! Turn-of-century gem remodeled to the studs in 2017, no expense spared. Daylight basement with double laundry, wine cellar, storage & housekeeper space. Parking for 5 cars.
Exterior Features

Exterior Description CedarTongue And Groove Lot Description LevelPrivate Lot Size 5000 To 6999 Sqft Parking Features GuestPaved Roof Type Composition View YN No Water Description Public

Interior Features

Basement Finished Cooling Description Heat Pump Foundation Details Concrete Perimeter Heating Description Mini Split Hot Water Description GasTankless Unit Features DeckDishwasherHardwood FloorsRefrigeratorWasher/DryerAir Conditioning Unit Type1 Features DishwasherHardwood FloorsRefrigeratorAir Conditioning Unit Type1 Sq Ft 600 Unit Type2 Features DishwasherHardwood FloorsRefrigeratorAir Conditioning Unit Type2 Sq Ft 512 Unit Type3 Features Hardwood FloorsRefrigeratorAir Conditioning Unit Type3 Sq Ft 400 Unit Type4 Features Hardwood FloorsRefrigeratorWasher/DryerAir Conditioning Unit Type4 Sq Ft 624 Unit Type5 Features DeckHardwood FloorsRefrigeratorAir Conditioning Unit Type5 Sq Ft 624

Property Features

Bank Owned YN No Capitalization Rate 6.28 CCRs YN No Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 75000 Gross Rent Multiplier 15.93 Neighborhood Features ShoppingRestaurantsBarsGrocery Net Income Actual 75000 Occupancy Types Leased Operating Expenses Actual 69887 Property Condition Updated/Remodeled Rent Includes None Security Features EntryFire Sprinkler SystemSidewalk Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Basement Tax Amount 5112.72 Third Party Approval YN No Unit Type1 Units Total 1 Unit Type2 Units Total 1 Unit Type3 Units Total 1 Unit Type4 Units Total 1 Unit Type5 Units Total 1 Zoning C-1

Listing provided courtesy of Keller Williams Pdx Central.


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 2021-07-30T23:39:46.63.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
535 2nd Street SE
Bandon OR, 97411