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1711 Patterson St, Eugene, OR 97401

$1,785,000

17 Photos

Property Description

This 8-unit, West University, apartment property features four 2-bedroom, 1-bath units & four 3-bedroom, 2-bath loft units. Three of the four lofts are open to the living room below. One has been enclosed - an easy upgrade. All four loft spaces are currently being used as third bedrooms. Each apartment has its own balcony.There is abundant underground parking - striped for 12 spaces, and some additional land with alley access. The excess land could be utilized as additional parking for revenue or a small infill development opportunity. The property sits on the East side of Patterson Street just 2 blocks to the U of O campus. Property is 100% occupied.

1711 Patterson St | MLS# 432433831

This multi-family property located at 1711 Patterson St, Eugene, OR 97401 is currently listed for sale with an asking price of $1,785,000. Search Eugene real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Fuel Type: Electricity
Heating: Baseboard, Zoned
Stories: 3.0
Taxes: $12,376
Year Built: 1971
Square Feet: 7,944

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1595.00
Square Footage: 750
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1525.00
Square Footage: 750
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1360.00
Square Footage: 750
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1300.00
Square Footage: 750
Total Units: 1
Unit Type 5:
Bathroom(s): 2
Bedrooms: 3
Rent: $1995.00
Square Footage: 1050
Total Units: 1
Unit Type 6:
Bathroom(s): 2
Bedrooms: 3
Rent: $1995.00
Square Footage: 1050
Total Units: 1
Unit Type 7:
Bathroom(s): 2
Bedrooms: 3
Rent: $1587.00
Square Footage: 1050
Total Units: 1
Unit Type 8:
Bathroom(s): 2
Bedrooms: 3
Rent: $1587.00
Square Footage: 1050
Total Units: 1

Feature Descriptions

Days on Site: 19
Exterior: Wood Siding
Gross Income: $152062.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $97170.00 (Actual)
Operating Expenses: $54892.00 (Actual)
Parking: Covered, OffStreet
Parking Notes: Covered, OffStreet
Sewer: Public Sewer
Units: 8
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Evans, Elder, Brown & Seubert
Agency Phone: 541-345-4860

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 10,577.89 per month $9,025.93 Principal & Interest $1,031.33 Property Tax $520.63 Homeowner's Insurance

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