1546 Willamette St, Eugene, OR 97401

$3,750,000
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Property Description

TheWestEugeneMultifamilyPortfoliooffers42residentialunitsplusanoffice/storagespaceacrossfourcentrallylocatedEugeneproperties.Theportfolioincludes10buildingstotalingapproximately22,212squarefeetandadiversifiedunitmixof12studios/SROs,22one-bedroomunits,seventwo-bedroomunits,andonethree-bedroomsingle-familyresidence.Allfourpropertiesprovideoff-streetparking,with32totalspaces,andmultiplelocationsincludeon-sitelaundry.Theportfoliocombinesvintagecharacterwithmeaningfulcapitalimprovements,includingnewerroofingandsidingatselectproperties,alongwithinteriorrenovationscompletedasunitshaveturned.CurrentscheduledNOIisapproximately$275,335,providinga7.34%caprateattheaskingprice,withadditionalupsideavailablethroughcontinuedrentgrowth,unitrenovations,andoperationalimprovements.

1546 Willamette St | MLS# 601208080

This multi-family property located at 1546 Willamette St, Eugene, OR 97401 is currently listed for sale with an asking price of $3,750,000. Search Eugene real estate on daniellegates.bendpremierrealestate.com today.

MLS#601208080
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Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity, Solar Off Grid
Heating: Baseboard, WallHeater
Stories: 3.0
Taxes: $2,403
Year Built: 1945

Units

Unit Type 1:
Bathroom(s): 1
Rent: $619.00
Square Footage: 337
Total Units: 8
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $932.00
Square Footage: 306
Total Units: 4
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Rent: $910.00
Square Footage: 489
Total Units: 22
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Rent: $1093.00
Square Footage: 836
Total Units: 7
Unit Type 9:
Bathroom(s): 1
Bedrooms: 3
Rent: $1370.00
Square Footage: 1067
Total Units: 1

Feature Descriptions

Days on Site: 60
Exterior: Lap Siding, Wood Siding
Gross Income: $433128.00 (Actual)
Hot Water: Electricity
Net Income: $275335.00 (Actual)
Operating Expenses: $157793.00 (Actual)
Sewer: Public Sewer
Units: 42
Water: Public Water

Local Schools

High School: South Eugene
Middle School: Roosevelt
Elementary School: Adams

Listed By / Shown By

Listed By

Agency Name: Bridge Creek Realty
Agency Phone: 503-508-0131

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 20,256.04 per month $18,962.04 Principal & Interest $200.25 Property Tax $1,093.75 Homeowner's Insurance

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