Shady Cove, OR 97539,81-101 Erickson AVE
Shady Cove, OR 97539,81-101 Erickson AVE
Shady Cove, OR 97539,81-101 Erickson AVE
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$2,295,000
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10,912 SqFt
Pending

81-101 Erickson AVE Shady Cove, OR 97539

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UPDATED:

10/17/2024 09:44 PM

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

Acres 1.1

Lot Dimensions 1.1

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

Direction Hwy 62 to Hudspeth to Erickson

Interior

Interior Features Kitchen Island, Open Floorplan, Pantry, Shower/Tub Combo, Walk-In Closet(s)

Window Features Double Pane Windows

Interior Features Kitchen Island, Open Floorplan, Pantry, Shower/Tub Combo, Walk-In Closet(s)

Heating/Cooling Ductless, Electric

Exterior

Exterior Feature Deck

Garage Attached, Driveway, Parking Lot

Roof Type Composition

Parking Type Attached, Driveway, Parking Lot

Parking Attached, Driveway, Parking Lot

Building

Lot Description Level

Entry Level Two,Three Or More

Foundation Concrete Perimeter, Slab

Water Public

Architectural Style Other

Structure Type Frame

New Construction No

Construction Frame

Schools

High Schools Eagle Point High

Others

Senior Community No

Tax ID 10818383

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Oregon Data Share
Listed by Truhome Inc

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Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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81-101 Erickson AVE