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Listing 4 out of 90
Sold for $1,290,000 Sold

739 N Cloverleaf Loop
Springfield, OR 97477

8 units | Multi Family Home - MLS# 19634751
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Sold

Sold for $1,290,000 on May 29, 2019

Description

Portfolio sale of 4 contiguous duplexes, 693, 701, 725, & 739 N Cloverleaf Lp, that has been very well maintained, located in a central point near Eugene, I-5, and River Bend Hospital. Eight 3-Bed, 1.5-Bath units with fenced backyards. Recent Pest & Dry Rot Report with substantial repairs made. Long-term tenants in many units.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $1,300,000
  • County/Area: Lane County
  • Zip Code: 97477
  • Year Built: 1994
  • Elementary School: Guy Lee
  • Middle School: Hamlin
  • High School: Springfield
  • Stories: 2-Story
  • Units: 8 units
  • Basement: Crawl Space
  • Lot Size: 5, 000 To 6, 999 Sqft
  • Zoning: MD
  • Area: Lane Co: Hayden Bridge
  • Cap Rate: 4.88
  • Exterior: Other, T-111 Siding
  • Fuel: Electricity
  • Gross Income Actual: 79461
  • Gross Income Projected: 85260
  • Gross Rent Multiplier: 16.36
  • Heating: Baseboard
  • Hot Water: Electricity
  • Limited Representation: Full Service
  • Lot: Level
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: 16049
  • Parking: Paved, Garage
  • Roof Type: Composition
  • Selling Agent: RICHTHOM
  • Selling Office: Thomas Richards Real Estate
  • Sewer: Public Sewer
  • Storage: Garage(S)
  • Tax Amount: 14845.93
  • Terms: Cash, Conventional, Other
  • Unit Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 1 Sq Ft: 2192
  • Unit Type 1 Units Total: 1
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 2 Sq Ft: 2192
  • Unit Type 2 Units Total: 1
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 3 Sq Ft: 2192
  • Unit Type 3 Units Total: 1
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 3
  • Unit Type 4 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 4 Sq Ft: 2192
  • Unit Type 4 Units Total: 1
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Beds Total: 3
  • Unit Type 5 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 5 Sq Ft: 2192
  • Unit Type 5 Units Total: 1
  • Unit Type 6 Baths Total: 2
  • Unit Type 6 Beds Total: 3
  • Unit Type 6 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 6 Sq Ft: 2192
  • Unit Type 6 Units Total: 1
  • Unit Type 7 Baths Total: 2
  • Unit Type 7 Beds Total: 3
  • Unit Type 7 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 7 Sq Ft: 2192
  • Unit Type 7 Units Total: 1
  • Unit Type 8 Baths Total: 2
  • Unit Type 8 Beds Total: 3
  • Unit Type 8 Features: Dishwasher, Range, Refrigerator
  • Unit Type 8 Sq Ft: 2192
  • Unit Type 8 Units Total: 1
  • Utilities Included: Landscaping
  • Water: Public
  • Sold Date: 2019-05-29
  • Sold Price: 1290000
Courtesy of St Clair Properties

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Mike Smith
Broker/Owner

Premier Real Estate & Property Management, LLC
Licensed Real Estate Broker in the State of Oregon
Office: 541-735-3507
Cell: 541-954-4946
Email: brokermike@comcast.net

 

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Premier Real Estate & Property Management, LLC
Mike Smith | 541-735-3507 | Contact Me
2677 Willakenzie Rd, Suite 7B - Eugene, OR 97401
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