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1740 Spruce St, Myrtle Point, OR 97458

$485,000

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Property Description

Large 5 unit apartment building in excellent location in Myrtle Point. Situated on a large level lot with plenty of parking and yard space. Building is nicely laid out with private entrances, and some small porches. Exterior has been well maintained with newer roof, windows and some siding renovations. Interior is light and bright with large windows and dormers creating vaulted ceilings as well as some recent updates including flooring, paint and attractive finishes. Excellent income production with room to increase rents and improve occupancy. Call today to schedule a private tour or get more information.

1740 Spruce St | MLS# 741285422

This multi-family property located at 1740 Spruce St, Myrtle Point, OR 97458 is currently listed for sale with an asking price of $485,000. Search Myrtle Point real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Fuel Type: Electricity
Heating: Baseboard
Lot Size: 0.24 Acres
Roof Type: Composition, Rubber
Stories: 2.0
Taxes: $3,666
Year Built: 1953
Square Feet: 4,360

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $950.00
Square Footage: 872
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1100.00
Square Footage: 872
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Rent: $1150.00
Square Footage: 872
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator
Square Footage: 872
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $825.00
Square Footage: 872
Total Units: 1

Feature Descriptions

Days on Site: 23
Exterior: T-111 Siding, Wood Composite, Wood Siding
Gross Income: $48300.00 (Actual)
Hot Water: Electricity
Lot: Level
Lot Dimensions: 75X140
Net Income: $40000.00 (Actual)
Operating Expenses: $8300.00 (Actual)
Parking: Carport, Driveway
Parking Notes: Carport, Driveway
Sewer: Public Sewer
Special View Info: City
Units: 5
Water: Public Water

Local Schools

High School: Myrtle Point
Middle School: Myrtle Point
Elementary School: Myrtle Crest

Listed By / Shown By

Listed By

Agency Name: Pacific Coast Real Estate & Development, LLC
Agency Contact: 541-808-3297

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 2,899.38 per month $2,452.42 Principal & Interest $305.50 Property Tax $141.46 Homeowner's Insurance

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