1475 10TH ST, Florence, OR 97439

$1,200,000
List Price
$1,200,000
MLS#
20166311
Property Type
Multifamily
Region
Lane Co: Florence Town
Status
ACTIVE

Property Description

Originally planned and recorded as a condominium development. It has always been operated as a one owner 8 unit apartment complex. Two buildings with 4 townhouse style units. Includes tax accounts: 1398583,1398591,1398609,1398617,1398625,1398633,1398641,1398658,1398575.

Additional Information

Tax Amount
$5,480
Stories
2
High School
Siuslaw
Elementary School
Siuslaw
Middle School
Siuslaw
Stories
2
Year Built
1974
Cooling Description
None
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Wood Siding
Lot Size Range
15, 000 to 19, 999 SqFt
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
7400
Capitalization Rate
5.61
Operating Expenses Actual
25321
Gross Income Actual
92640
Gross Rent Multiplier
12.95
Net Income Actual
67319
Occupancy Types
Month To Month
Road Surface
Paved
Number Of Units Total
8
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
945
Unit Type One Sq Ft
925
Unit Type One Units Total
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Windermere RE Lane County.