8
Beds
5
Baths
4,975
Sq. Ft.
0.83
Acre Lot
Exceptional Riverfront Investment Opportunity in Roseburg! Discover this unique 6-unit multifamily property offering stable, long-term rental income with virtually no owner involvement required. Nestled in a serene, riverfront neighborhood, this property features four buildings thoughtfully designed for flexibility and minimal vacancy risk. Building 1: Two 1-bedroom, 1-bath units converted into a spacious 3-bedroom, 2-bath unit - recently renovated in 2023 (1,350 sqft). Building 2: Two 1-bedroom, 1-bath units, also convertible to a 3-bedroom, 2-bath unit (1,350 sqft). Building 3: One 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, currently converted to a combined 4-bedroom, 2-bath layout - fully rebuilt in 2023(2,100 sqft). Building 4: Dedicated laundry facility for tenant convenience(175 sqft). All units are separately metered, ensuring low operating costs. The property generates a robust $72,000 NOI annually, backed by long-term, reputable tenants on a stable NN lease. Recent renovations mean no deferred maintenance, with tenants responsible for their own upkeep and remodeling needs. This riverfront property is particularly attractive to its current tenant, an adult home care service provider, due to its state-specific licenses that are not easily transferable, ensuring long-term tenant stability. A rare find with nearly zero vacancy risk, this multifamily gem promises steady net income with peace of mind, all while offering serene water views. Don't miss out on this rare riverfront investment opportunity. Contact us today to schedule a private tour and explore the potential of this unique property!
24623896
Residential - Multi-Family, 1 Story
8
5
1952
Douglas
0.83
Acres
1
Stucco
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Courtesy: Mary Gilbert, Keller Williams Southern Oregon-Umpqua Valley
Agent Office Phone: 541-529-2320
Agent License: 951100030
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. All real estate listings are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.
Listing content is © 2021 RMLS™, Portland, Oregon.
Listing content is © 2021 RMLS™, Portland, Oregon.