542 MILL ST Springfield, OR97477
$480,000
3 total units
3 total bedrooms
3 total bathrooms
$28,812 annual income
Capitilization Rate: 4.27
1734 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Centennial
Middle School: Hamlin
High School: Springfield
Zoning: HD
953 days on market
VestorFilter™
Price per unit$160K/unit
Price per ft²$276.82/ft²
Price per acre$4.09M/ac
Price per bedroom$160K/bed
Time on market953 days
Property Description
3 units in this extremely immaculate investment property with possibility of adding an ADU on large lot, check with city.All tenants have been neat clean and long term. Upstairs units are accessed from inside with private carpeted stairway. Down stairs unit has office space with Murphy pull-out for guests or additional bedroom. Just blocks away from downtown eateries, bus line, library and post office. Seller has kept up with all maintenance for over 25 years, re-siding and adding RV Parking.
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Financial Data
Date Sold2021-10-27
Sold Price$480,000
Price ChangeIncreased $25,000 on 10/27/2021
Total $20,500 increase
Total $20,500 increase
Original Price$459,500
Current Price$480,000
Property Taxes$3,193
Find On Map
Home Facts
StatusSold
Year Built1947
Exterior Features
MLS ID21066880
Unit Details
Unit 1
Unit 2
Unit 3
