Listing Courtesy of: David Holland - Evans, Elder, Brown & Seubert
541-345-4860
$1,175,000
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1640 MILL St Unit 1640 Eugene, OR 97401
Multi-Family
Residence
Beds
Baths
3,184
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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10 unit "quint" building just blocks to the heart of campus- 5 studios per floor with in suite bath sharing common kitchens of the 2 story building. To be clear, the building has 10 studios with 10 baths and 2 kitchens, one on each floor. Very stable rental history and most units leased at $850/unit.... One unit turning over at the time of listing and is on the market for $900 with significant showing activity. Building as achieved rents of $900/unit previously. Building has new flooring through out the units ( within the last 18 months), new exterior paint, parking lot resurface and roof appears to be about halfway through its lifespan.This pedestrian to campus location has broad appeal to the student population, but in practice, about half the current tenants are non-students reflecting the desirability of this product type to many potential tenants.
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MLS#
24333093
Property Type
Multi-Family
Status
Year Built
1974
Square Feet
3,184
sq. ft
Lot Size
0.11
Sewer
Public Sewer Available
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