1048 North Old Pacific Highway

Myrtle Creek, OR 97457

$215,000
Price
Beds
2,254 Sq. Ft.
$95 / Sq. Ft.
2,254
Sq. Ft.
$95
per Sq. Ft.

Description

Rents total $2,150 per month. Own 4 homes on one lot, great investor opportunity, convenient location with large parking area. All units are occupied by tenants. There are 4 addresses and 3 tax lots included.Rents total $2,150 per month. Own 4 homes on one lot, great investor opportunity, convenient location with large parking area. All units are occupied by tenants. There are 4 addresses and 3 tax lots included.
  1. Listed by Micah Davis • Oregon Life Homes • 541-430-1258

Property Details for 1048 North Old Pacific Highway

Parking Features
Open
Zoning
C2
View
Mountain

Location

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LISTING UPDATED: 04/08/2024 03:47 PM

Property Details for 1048 North Old Pacific Highway

StatusPending
MLS #23569393
Days on Market197
Taxes$1,065 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1953
Lot Size-
CountyDouglas County

Location

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Add your commute

Building Information for 1048 North Old Pacific Highway

Stories1Residences4Year Built1953Building Size-Lot Size-

Payment Calculator

$1,262 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$89

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1048 North Old Pacific Highway

Summary
Location and General Information
  • Country: US
  • Directions: I5 South, Exit 106, turn left, Left on N Pacific Highway, address on right just before mini mart
  • Road Surface: Gravel
School Information
  • Elementary School: Tri City
  • High School: South Umpqua
  • Middle Or Junior School: Coffenberry
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $1,064.70
  • Parcel Number: R127461
  • Parcel Number 2: R127460
  • Parcel Number 3: R72237
  • Tax Legal Description: BRIGGS ACRES, BLOCK 3, LOT PT 3, ACRES 0.15
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Fixer
  • Year Built: 1953
Utilities
  • Cooling Description: Other
  • Fuel Description: Electricity
  • Heating Description: Other
  • Hot Water Description: Electricity, Tank
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
  • Waterfront Description: Other
  • Water Name: NOT WATERFRONT
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $25,800.00
  • Gross Rent Multiplier: $8.33
  • Investor Information: According To Owner
  • Net Income Actual: $16,872.00
  • Operating Expense: $8,928.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 2254
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Range, Refrigerator, Unfurnished
  • Unit Type 1 Rent: $500
  • Unit Type 1 SqFt: 384.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Unfurnished
  • Unit Type 2 Rent: $500
  • Unit Type 2 SqFt: 384.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Unfurnished, Washer Dryer Hookup
  • Unit Type 3 Rent: $500
  • Unit Type 3 SqFt: 534.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Unfurnished, Washer Dryer Hookup
  • Unit Type 4 Rent: $650
  • Unit Type 4 SqFt: 952
  • Unit Type 4 UnitsTotal: 1

Public Records for 1048 North Old Pacific Highway

Taxable ValueLand-Additions-Total-
Tax Record2023$586 ($49 / month)
Home Facts
Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size6,534 SqFtStyleMiscellaneous CommercialCountyDOUGLASAPN29-05W-33CB-00602

Schools near 1048 North Old Pacific Highway

This home is within South Umpqua School District 19.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Myrtle Creek Elementary School
PublicPK to 5

Coffenberry Middle School
Public6 to 8

South Umpqua High School
Public9 to 12

Tri City Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Oregon Life Homes

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/08/2024 03:47 PM