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223 S 6th St, Cottage Grove, OR 97424

$850,000

45 Photos

Property Description

Exceptional Mixed-Use Investment Opportunity in Downtown Cottage Grove! This versatile approximately 4,870 SF commercial building offers five total units, combining three residential units with two retail spaces for multiple income streams and investment potential. Ideally located in downtown Cottage Grove, this two-story property features three extensively remodeled upstairs residential units with new LVP flooring, fresh interior paint, updated kitchen cabinets, new appliances, light fixtures, and new windows. Washer/Dryer hookup and appliances in units 2 and 3. Situated on approximately 0.15 acres with paved on-site parking and C-2P zoning, the property offers flexibility for investors seeking a mixed-use income opportunity or business owners looking to combine commercial space with residential rental income. Conveniently located near downtown shops, restaurants, and local amenities. Take advantage of this unique opportunity to own a versatile income-producing property in the heart of Cottage Grove! Assumable note at 4%

223 S 6th St | MLS# 514861558

This multi-family property located at 223 S 6th St, Cottage Grove, OR 97424 is currently listed for sale with an asking price of $850,000. Search Cottage Grove real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Baseboard, Forced Air, WallHeater
Roof Type: Flat
Stories: 2.0
Taxes: $4,186
Year Built: 1947

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Microwave, Range, Refrigerator, WasherDryer, WasherDryerHookup, WindowCoverings
Rent: $1395.00
Square Footage: 850
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Disposal, Microwave, Range, Refrigerator, WindowCoverings
Rent: $1195.00
Square Footage: 850
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Microwave, Range, Refrigerator, WasherDryer, WasherDryerHookup, WindowCoverings
Rent: $1295.00
Square Footage: 850
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Rent: $750.00
Square Footage: 896
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Square Footage: 1280
Total Units: 1

Feature Descriptions

Days on Site: 2
Exterior: Other, Stucco
Gross Income: $55620.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $45921.00 (Actual)
Operating Expenses: $9699.00 (Actual)
Parking: Paved
Parking Notes: Paved
Sewer: Public Sewer
Units: 5
Water: Public Water

Local Schools

High School: Cottage Grove
Middle School: Lincoln
Elementary School: Bohemia

Listed By / Shown By

Listed By

Agency Name: TLC Realty
Agency Phone: 541-942-9141

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 4,894.81 per month $4,298.06 Principal & Interest $348.83 Property Tax $247.92 Homeowner's Insurance

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