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203-209 W Main Street

Eagle Point, OR 97524
  • $549,000
  • STATUS: Pending
  • ON SITE: 37 Days
  • MLS #: 220182658
Pending
UPDATED: 161 min ago
$549,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,540
    SQFT
  • $121
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Listing provided courtesy of LandLeader :.

Description

Amazing investment opportunity! This five unit mixed use commercial property is a unique and rare investment opportunity, offering a great location in downtown Eagle Point. It consists of three units which are commercial/retail (lower level) and two that are residential (upper level). Stable income with upside potential once the final residential unit is leased (advertised at $1,250/month), with both residential units being recently renovated. This property offers an investor a sound investment and has lots of upward potential, with a lot of heavy lifting already done with the renovated residential units. Buyer is responsible for their own due diligence.

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Invest in Bend Real Estate Team are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Invest in Bend Real Estate Team. Data last updated: .2024-06-22T21:46:19.063
www.investinbend.com/homes/150592042
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203-209 W Main Street Eagle Point, OR 97524

  • Price: $549,000
  • Status: Pending
  • On Site: 37 Days
  • Updated: 161 min ago
  • MLS #: 220182658
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,540
SQFT
$121
$/SQFT
1910
Built
Neighborhood:
N/A
County:
Jackson
Area:
Eagle Point
Property Description
Amazing investment opportunity! This five unit mixed use commercial property is a unique and rare investment opportunity, offering a great location in downtown Eagle Point. It consists of three units which are commercial/retail (lower level) and two that are residential (upper level). Stable income with upside potential once the final residential unit is leased (advertised at $1,250/month), with both residential units being recently renovated. This property offers an investor a sound investment and has lots of upward potential, with a lot of heavy lifting already done with the renovated residential units. Buyer is responsible for their own due diligence.
Exterior Features

Construction Materials BrickFrame Foundation Details Other Levels Two Lot Features Corner Lot Parking Details Numberof Parking Spaces 4 Parking Details Parking Yes Parking Features Alley AccessOn Street Roof Membrane

Interior Features

Cooling Central AirHeat Pump Flooring Other Heating Forced AirHeat PumpNatural GasWall FurnaceZoned Unit1 Square Footage 1400.00 Unit2 Square Footage 586.00 Unit3 Square Footage 650.00 Unit4 Square Footage 317.00 Unit6 Square Footage 1455.00

Property Features

Additional Parcels YN No Business Type Barber/BeautyMixed CCAnd Rs YN No Cross Street Platt Exclusions Tenant personal property Existing Lease Type Call Listing Agent FIRPTAYN No Inclusions Residential appliances Incomeand Expenses Annual Amounts Cap Rate Perc 6.60 Incomeand Expenses Annual Amounts Estimated Gr 59268.00 Incomeand Expenses Annual Amounts Estimated To 23202.00 Incomeand Expenses Annual Amounts Net Operatin 36066.00 Listing Terms CashConventional New Construction YN No Owner Pays Exterior MaintenanceSewerTaxesWater Power Production None Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 4352.49 Tax Year 2023 Tenant Pays Electricity Unit1 Monthly Rent 1600.00 Unit1 Status Leased Unit1 Unit Number 207A Unit2 Monthly Rent 1250.00 Unit2 Status Vacant Unit2 Unit Number 207B Unit3 Monthly Rent 650.00 Unit3 Status Leased Unit3 Unit Number 203 Unit4 Monthly Rent 549.00 Unit4 Status Leased Unit4 Unit Number 205 Unit6 Monthly Rent 890.00 Unit6 Status Leased Unit6 Unit Number 209 Zoning C-1

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of LandLeader :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Invest in Bend Real Estate Team are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Invest in Bend Real Estate Team. Data last updated: .2024-06-22T21:46:19.063
 
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Invest in Bend Real Estate Team
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Bend OR, 97703
Listing provided courtesy of LandLeader :.