1118 B And B1 Street

Springfield, OR 97477

$495,000
Price
Beds
1,542 Sq. Ft.
$321 / Sq. Ft.
1,542
Sq. Ft.
$321
per Sq. Ft.

Description

Investment opportunity! 2 cute cottage style homes on 1 lot... Separate and detached homes on one legal lot. Each has a separate meter and alley access, separate laundry hook ups and private back areas. Each home is 2 bed/1 bath. Charming and easy to rent. Close to schools, shopping and swim park and one block from the Washburn Neighborhood. Renovated in 2017. Tenant occupied.Investment opportunity! 2 cute cottage style homes on 1 lot... Separate and detached homes on one legal lot. Each has a separate meter and alley access, separate laundry hook ups and private back areas. Each home is 2 bed/1 bath. Charming and easy to rent. Close to schools, shopping and swim park and one block from the Washburn Neighborhood. Renovated in 2017. Tenant occupied.
  1. Listed by Kit Sixel • Sixel Real Estate

Property Details for 1118 B And B1 Street

Parking Features
Driveway
Zoning
R1
Parking Total
4.00

Location

Listing Courtesy of Sixel Real Estate
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LISTING UPDATED: 04/09/2024 08:24 AM

Property Details for 1118 B And B1 Street

StatusActive
MLS #24647651
Days on Market25
Taxes$2,313 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1948
Lot Size0.12 AC / 5,227 SF
CountyLane County

Location

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Add your commute

Building Information for 1118 B And B1 Street

Stories1Residences2Year Built1948Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,894 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$193

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1118 B And B1 Street

Summary
Location and General Information
  • Country: US
  • Directions: Mohawk Blvd to B Street (Between 10th and 12th)
School Information
  • Middle Or Junior School: Hamlin
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,312.55
  • Parcel Number: 0307080
  • Tax Legal Description: 17-03-35-14-16200
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1948
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $18,504.00
  • Gross Rent Multiplier: $26.75
  • Investor Information: According To Owner
  • Net Income Actual: $16,192.00
  • Operating Expense: $2,312.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1542
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,450
  • Unit Type 1 SqFt: 866.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,275
  • Unit Type 2 SqFt: 676.0
  • Unit Type 2 Units Total: 1

Schools near 1118 B And B1 Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Two Rivers Dos Rios Elementary School
PublicK to 5

Hamlin Middle School
Public6 to 8

Springfield High School
Public9 to 12

Gateways High School
Public9 to 12

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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1118 B And B1 Street is a multi-family home for sale in Springfield, OR 97477. This property was listed for sale on April 9, 2024 by Sixel Real Estate, it's currently listed at $495,000. This listing's school district is Springfield School District 19. Nearby schools include Two Rivers Dos Rios Elementary School, Hamlin Middle School and Springfield High School. 1118 B And B1 Street is a 0-bed, 0-bath, 1,542 sqft multi-family home built in 1948.

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.

Listing Courtesy of Sixel Real Estate

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