81-101 Erickson AVE Pending Save Request In-Person Tour Request Virtual Tour
Shady Cove,OR 97539
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,912 sqft
Price per Sqft $210
MLS Listing ID 220190015
Style Other
Year Built 2024
Annual Tax Amount $3,252
Lot Size 1.100 Acres
Acres 1.1
Lot Dimensions 1.1
Property Description
Amazing investment opportunity in the beautiful community of Shady Cove. This 10 unit property consists of two 4plexes completed February of 2024 and a duplex built in 1999. Each 4plex consists of 2 studio apartments and two 1759 sqft 3 bed/2.5 bath homes with single car garages with 220 already installed for electric car charging. Each side of the duplex is a 3bed/2.5bth with a single car garage. Newer units have all LVP flooring, quartz counters, and stainless steel appliances. Larger units have three decks. Gross rents currently exceed $188,000 annually with room for increases. Property management in place.
Location
State OR
County Jackson
Direction Hwy 62 to Hudspeth to Erickson
Interior
Interior Features Kitchen Island,Open Floorplan,Pantry,Shower/Tub Combo,Walk-In Closet(s)
Heating Ductless,Electric
Cooling Central Air
Window Features Double Pane Windows
Exterior
Exterior Feature Deck
Parking Features Attached,Driveway,Parking Lot
Roof Type Composition
Building
Lot Description Level
Entry Level Two,Three Or More
Foundation Concrete Perimeter,Slab
Water Public
Architectural Style Other
Structure Type Frame
New Construction No
Schools
High Schools Eagle Point High
Others
Senior Community No
Tax ID 10818383
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard