1640 MILL ST,  Eugene  (97401)

$1,175,000

0 bedrooms 0   0 bathrooms 0   3184 square feet 3,184
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Listed By: David Holland of Evans, Elder, Brown & Seubert (5413454860)

PROPERTY DETAILS

Address: view address
Eugene, OR 97401
Map Location
Features: Multi-level
Square Feet:3,184 sq.ft.Lot Size:4791.0
Year Built:1974Status:Active
Property Type:Multi FamilyNeighborhood:WEST UNIVERSITY NEIGHBORS
County:LaneList Date:2024-04-24

PROPERTY DESCRIPTION

10 unit "quint" building just blocks to the heart of campus- 5 studios per floor with in suite bath sharing common kitchens of the 2 story building. To be clear, the building has 10 studios with 10 baths and 2 kitchens, one on each floor. Very stable rental history and most units leased at $850/unit. One unit turning over at the time of listing and is on the market for $900 with significant showing activity. Building as achieved rents of $900/unit previously. Building has new flooring through out the units ( within the last 18 months), new exterior paint, parking lot resurface and roof appears to be about halfway through its lifespan.This pedestrian to campus location has broad appeal to the student population, but in practice, about half the current tenants are non-students reflecting the desirability of this product type to many potential tenants.

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Interior

Room Information

Basement features:Crawl Space

Cooling & Heating

Cooling features:NoneHeating features:None
Heating:Yes

Exterior

Exterior and Lot

Lot features:LevelFoundation details:Concrete Perimeter
Roof:Composition

Parking

Parking features:Off Street, Open

Property and Lot Details

Other

Sewer:Public Sewer

Schools

Elementary School:EdisonMiddle or Junior School:Roosevelt
High School:South Eugene

Fee

Annual Tax:5427.53

Building Information

Year Built:1974Stories:2

Lot

Lot Dimensions:4791.0

Construction

Building Area total:3184.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: David Holland of Evans, Elder, Brown & Seubert (5413454860)