Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1977
Sq.Footage
N/A
Exclusively presented for sale - 247 Lorraine Avenue - a clean, rare 8-unit apartment complex in Eagle Point, Oregon (the ''Property''). The Property presents an opportunity to step into established asset in a mature neighborhood, in a sub-market with limited competition and almost zero transactions of apartment complexes for years. The Property is sited on a flat, .55-acre landscaped lot, and consists of two, single-level fourplex buildings and (8) 1-bed / 1-bath efficient units. Once the single vacant unit is leased, the Property will produce nearly $10,000/month in gross income. Located in a quiet, mature area, the Property is close to multiple schools, parks, employers, and much more, and is an attractive opportunity to unlock significant value in beautiful Eagle Point - contact brokers for more info!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Asphalt, On Street, Parking Lot
-
Patio and Porch Features
Patio
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.55
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$1,225,000
-
Tax Amount
6085.1
-
Zoning
R-3
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Hillside Elem
-
Middle School
Eagle Point Middle
-
High School
Eagle Point High
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
10000
-
Water Source
Public
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Location
County
Jackson
Elementary School
Hillside Elem
Middle School
Eagle Point Middle
High School
Eagle Point High
Listing Courtesy of Caspian C Hoehne , Merit Commercial RE, LLC
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Agent / Realtor®
Taylor Labno
Call Taylor today to schedule a private showing.
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