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121 W C St, Springfield, OR 97477

$800,000

48 Photos

Property Description

Rare opportunity to own an income-producing 4-plex and two adjacent lots! This wonderfully updated 4-plex has 2-bedroom, 1-bath units, approximately 650 square feet each. One unit has dedicated washer/dryer hookups. There is also a common area on the main level that was previously used as a common laundry for possible added income. Upstairs is unfinished storage that is approximately 1,800 square feet per county records. Under-market rents allow you to maximize your portfolio. One lot is 0.12 acres and zoned community commercial; the second is 0.25 acres and zoned residential. Metal roof for peace of mind. With close proximity to the Willamalane Recreation Center, Senior Center, Historic Downtown Springfield, Island Park, and more! Buyer to complete all due diligence with the City of Springfield for possible use.

121 W C St | MLS# 717395713

This multi-family property located at 121 W C St, Springfield, OR 97477 is currently listed for sale with an asking price of $800,000. Search Springfield real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Fuel Type: Electricity
Heating: Zoned
Roof Type: Metal
Stories: 1.0
Taxes: $4,044
Year Built: 1950
Square Feet: 3,000

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $750.00
Square Footage: 650
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $720.00
Square Footage: 650
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $770.00
Square Footage: 650
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: WasherDryerHookup
Rent: $840.00
Square Footage: 650
Total Units: 1

Feature Descriptions

Days on Site: 18
Exterior: Wood Siding
Gross Income: $36960.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level, Trees
Net Income: $30634.00 (Actual)
Operating Expenses: $6326.00 (Actual)
Parking: Assigned, OffStreet
Parking Notes: Assigned, OffStreet
Sewer: Public Sewer
Storage: Attic
Units: 4
Water: Public Water

Local Schools

High School: Springfield
Middle School: Hamlin
Elementary School: Centennial

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Eugene and Springfield
Agency Contact: 541-653-7377

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 4,615.57 per month $4,045.24 Principal & Interest $337.00 Property Tax $233.33 Homeowner's Insurance

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