1601 SPRUCE ST Florence, OR97439
$890,000
7 total units
11 total bedrooms
7 total bathrooms
$60,925 annual income
Capitilization Rate: 4.18
5300 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Siuslaw
Middle School: Siuslaw
High School: Siuslaw
Zoning: RM
1303 days on market
VestorFilter™
Price per unit$127.1K/unit
Price per ft²$167.92/ft²
Price per acre$3.79M/ac
Price per bedroom$80.9K/bed
Time on market1303 days
Property Description
Rare opportunity 7-plex in town fully rented and well cared for units on nice corner lot with 4 ground level garage spaces and two additional uncovered parking spaces. Four 2 bedroom, 1 bath units 800 sq ft each. Three 1 bedroom, 1 bath units 700 sq ft each. All units have washer/dryer hook-ups. Beautifully designed, well maintained property with long term tenants in place.
{{ compliance-logo }}Listing Provided By Berkshire Hathaway HomeServices NW Real Estate
Financial Data
Date Sold2021-03-19
Sold Price$890,000
Original Price$910,000
Current Price$890,000
Property Taxes$6,822
Find On Map
Home Facts
StatusSold
Year Built1998
MLS ID20245280
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
