1511 HIGH ST, Eugene, OR 97401

$1,194,900

Listing courtesy of Pacific Real Estate Services Inc.

List Price
$1,194,900
Price Change
▲ $44,900 1654116880
Days on Market
122
MLS#
22232233
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Lane Co: East Eugene
City
Eugene
Status
Active

Property Description

Investor Alert! 6 units with a total of 14 bedrooms in the heart of the University District. Amazing opportunity to own a corner lot with R-3 zoning. Fantastic rental history with future growth/development possibilities. Buyer to do due diligence.

Additional Information

Tax Amount
$6,160
Year Built
1928
High School
South Eugene
Elementary School
Edison
Middle School
Roosevelt
Stories
2
Subdivision
University District
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
5433
Capitalization Rate
5.21
Operating Expenses Actual
21700
Gross Income Actual
84000
Gross Rent Multiplier
14.23
Net Income Actual
62300
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
6
Unit Type One Baths Total
3
Unit Type One Beds Total
7
Unit Type One Rent
1425
Unit Type One Units Total
2
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1600
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
5
Unit Type Three Rent
4605
Unit Type Three Units Total
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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