Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1903
Sq.Footage
N/A
Fantastic opportunity! 7-plex offering right in the heart of the Railroad District. Built in 1903 and very well maintained, you will see from the photos that these apartments offer lovely homes for the tenants. Perfect location on Fourth Street with cafés, coffee houses, galleries, Food Coop, Safeway and bike path just a block or two away. Many long-term tenants, all are on month to month. Wiring replaced and all new double paned windows installed in 1998. Building was resided in 2019. The units are attractive and well cared for by the tenants. The building is 50' x 50' and 2 floors for a total of 5000 sf. There are decks on ground and upper levels. There are 4 units on upper level and 3 units on ground level. All are one-bedroom units, except for 2 upper-level studios. Commercial grade Duralast Roof in 1999. All buyers must show proof of funds or qualification. 2023 projected cap rate of 5.2% calculated from allowable rent increases tied to CPI. Call for details.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
On Street
-
Patio and Porch Features
Deck
-
Pool
No
-
View
Mountain(s), Neighborhood, Territorial
Area & Lot
-
Lot Features
Corner Lot, Level
-
Lot Size(acres)
0.1
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,075,000
-
Tax Amount
5742.24
-
Zoning
E-1
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Pillar/Post/Pier, Stone
-
Sewer
Public Sewer
-
Tax Lot
6300
-
Water Source
Public
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Location
County
Jackson
Elementary School
Middle School
High School
Listing Courtesy of Patricia Millen , Patie Millen Group, Inc
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Agent / Realtor®
TaylorLabno
Call Taylor today to schedule a private showing.
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