NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold April 10, 2014

Last sale price $625,000

24 Days on Market

Highlights

  • 0.3 Acre Lot
  • Walker Elementary School Rated 10
  • Baseboard Heating

About This Home

As of April 2014

Very hard to find Ashland Multi Plex located at the corner of Bridge and Lee streets this very well maintained investment property sits just 1 block north of Southern Oregon University, with approximately 6,000 students and faculty combined. The 7 units have long term Tenants, and extremely low vacancy rate. All units include refrigerators and stoves, and some units have washer/dryer hook ups. And something rare in Ashland, Parking! 10+ off street parking spaces. Minimal maintenance. 48 hour notice required please.

Last Agent to Sell the Property

Jeff Rodgers

John L. Scott Ashland License #200507207 Listed on: 02/07/2014

John L. Scott Ashland

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1977

Lot Details

  • 0.3

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Walker Elementary School
  • Ashland Middle School
  • Ashland High School

Utilities

  • Wall Furnace
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • 0.3 Acre Lot

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10078543

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $49,800
  • Net Operating Income $37,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,291

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Siskiyou Blvd (directly across from S.O.U.) turn North on Bridge St. The complex is on your left at the corner of Lee.
  • Unit Levels: Two
  • Lot Size Acres: 0.3
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1977
  • Total Gross Income: 49800.0
  • Co List Office Phone: 541-488-1311
  • Outside Inclusions: All seller owned appliances
  • MLS Status: Closed
  • General Property Information Elementary School: Walker Elem
  • General Property Information Middle Or Junior School: Ashland Middle
  • General Property Information High School: Ashland High
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Baseboard, Electric, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Walker Elem
  • High School: Ashland High
  • Middle Or Junior School: Ashland Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 10078543
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 37352.5
  • Annual Operating Expense: 12447.5

Tax Info

  • Tax Annual Amount: 5291.16
  • Tax Year: 2012

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $625,000 -3.8% --
03/03/2014 03/03/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $650,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102944213

Oregon Datashare