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1180 R ST

Springfield, OR 97477
$735,000
Investor alert! This fourplex is conveniently located on the end of a dead-end street near shopping, restaurants, and bus-line making it the perfect opportunity. All units are currently rented. Spacious lot, each offering 2 bedrooms/1.5 bathrooms, indoor laundry hook-ups, and ample designated parking.
Listing courtesy of ICON Real Estate Group.
Listing Snapshot
Days Online
74
Last Updated
Year Built
1982
MLS Number
598203589
30 Days Snapshot Of 97477
$396k
-6%
(avg) sold price
31
-13%
homes sold
39
+56%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1982, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Expenses
Operating Expense: $10,607
Exterior Features
Exterior Description: T111Siding
Heating
Heating: Ceiling
Income
CAP Rate: 6.77, Gross Income: $60,360, Gross Rent Multiplier: 12.18, Net Operating Income: $49,752
Lot
Size Range: SqFt10000to14999, Size: 10,000 to 14,999 SqFt
Property
Number Of Units Total: 4, Zoning: R2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,988, Legal Description
Unit One
Actual Rent: $1,350, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Two
Actual Rent: $1,160, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Three
Actual Rent: $1,000, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Unit Four
Actual Rent: $1,121, Area: 901, Units Total: 1, 2 total bathrooms, 2 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Ryan Arcuri
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Briggs Middle School 541-744-6350 Public 6-8
Springfield High School 541-744-4700 Public 9-12
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Elizabeth Page Elementary School 541-744-6407 Public KG-5
Briggs Middle School 541-744-6350 Public 6-8
Springfield High School 541-744-4700 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.