549 B STAshland, OR97520

$1,250,000
21 total units
$84,585 annual income
Capitilization Rate: 5.03
4896 sq. ft
SqFt5000to6999
Elementary School: Walker
Middle School: Ashland
High School: Ashland
Zoning: E-1
16 days on market

VestorFilter™

Price per unit$59.5K/unit
Price per ft²$255.31/ft²
Price per acre$9.62M/ac
Time on market16 days

Property Description

Best location! Prime Railroad District at 4th and B Streets for these well maintained, attractive apartments. Convenient to shops, restaurants, coffee houses, downtown, bike path and parks. One duplex on its own tax lot and separate 4-plex on adjacent tax lot are being sold together. No need for commercial loan due to separate tax lots. Each of the 6 units are approximately 816 square feet. All are 2 bedroom and 1 bath units with washer & dryer hookups. There are parking stalls accessed from the alley across the rear of the building. Offering price reflects a 5% cap rate. No interior showings without an accepted offer. More pics to be added week of 4-29-24

{{ compliance-logo }}Listing Provided By Millen Property Group

Financial Data

Original Price$1,250,000
Current Price$1,250,000
Property Taxes$5,499

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Home Facts

StatusActive
Year Built1971
Stories1
Exterior Features
MLS ID24551359

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6