Listing Courtesy of: 541-345-8100 - Renee Swartz - RE/MAX Integrity
541-345-8100
$699,000
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608 4TH ST Springfield, OR 97477
Other
Residence
Beds
Baths
...
Bed/Bath
1,792
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Outstanding investment opportunity in the heart of Springfield's desirable Washburne District. Situated on a corner lot with alley access, this well-maintained fourplex offers excellent income potential with the added possibility of future development. The City has indicated there may be room to bui...ld a duplex on the west side of the property; buyers are encouraged to perform their own due diligence regarding development potential.The property consists of four one-bedroom, one-bath units, each featuring a living room and kitchen. One of the four units have been substantially updated, with Unit 1 receiving a beautiful, complete remodel that includes red oak hardwood floors, granite countertops, all-new appliances, new electrical, and a new sink and toilet. Unit 2 features new flooring, appliances, windows, base cabinets, and countertops. Unit 3 has new laminate flooring and carpet, while Unit 4 offers red oak hardwood floors and vinyl windows.Additional improvements include a new roof installed in 2023, vinyl windows, a new water heater, and a shared laundry room with a new coin-operated washer and dryer. Tenants also enjoy abundant off-street concrete parking and the convenience of a Level 2 electric vehicle charger. The property is zoned Medium Density Residential, offering excellent long-term investment potential. Shown by accepted offer only.Seller pays $70 per month for exterminator, $23 gas, $36 electric, $100 gardener, $125 maid service for common areas. Laundry income is $70 per month.
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MLS#
479826573
Property Type
Other
Status
Year Built
1910
Square Feet
1,792
sq. ft
Lot Size
0.24
Sewer
Public Sewer Available
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