81-101 Erickson AVE Pending Save Request In-Person Tour Request Virtual Tour
Shady Cove,OR 97539
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,912 sqft
Price per Sqft $210
MLS Listing ID 220190015
Style Other
Year Built 2024
Annual Tax Amount $3,252
Lot Size 1.100 Acres
Property Description
Amazing investment opportunity in the beautiful community of Shady Cove. This 10 unit property consists of two 4plexes completed February of 2024 and a duplex built in 1999. Each 4plex consists of 2 studio apartments and two 1759 sqft 3 bed/2.5 bath homes with single car garages with 220 already installed for electric car charging. Each side of the duplex is a 3bed/2.5bth with a single car garage. Newer units have all LVP flooring, quartz counters, and stainless steel appliances. Larger units have three decks. Gross rents currently exceed $188,000 annually with room for increases. Property management in place.
Location
State OR
County Jackson
Interior
Heating/Cooling Ductless,Electric
Exterior
Exterior Feature Deck
Garage Attached,Driveway,Parking Lot
Roof Type Composition
Parking Attached,Driveway,Parking Lot
Building
Lot Description Level
Foundation Concrete Perimeter,Slab
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Eagle Point High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard