Contacts
Mary Gilbert
KW Commercial | Medford | Mary Gilbert
Property Details
- Property Type Multi-Family
- Units 0
- Lot Size 0.83 Acre
- Additional Rent Contact for pricing
- # of Floors 1
- Parking Spaces Avail. 8
- Property Tenancy Multi-Tenant
- Year Built 1952
- Date Updated Nov 20, 2024
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!
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Roseburg, OR
- Zip Code 97470
Points of Interest
-
Texaco
0.19 miles
-
ChargePoint
0.35 miles
-
76
0.71 miles
-
Chevron
1.21 miles
-
Safeway Fuel Station
1.27 miles
-
Rivian Adventure Network
1.35 miles
-
Fred Meyer Fuel Center
1.41 miles
-
Sinclair
1.43 miles
-
Mobil
1.64 miles
-
Valero
2.08 miles
-
West Parking Lot
0.41 miles
-
West Entrance Day-Use Area
9.03 miles
-
Holiday Inn Express Roseburg
0.14 miles
-
Travelodge Roseburg
0.16 miles
-
Dunes Motel
0.23 miles
-
Baymont Roseburg
0.23 miles
-
Rodeway Inn & Suites
0.31 miles
-
Travel Inn
0.68 miles
-
Howard Johnson Express Inn- Roseburg
0.77 miles
-
Roseburg Inn
0.95 miles
-
Rose City Motel
0.97 miles
-
Quality Inn Central
1.18 miles
-
Big Lots
1.08 miles
-
Safeway
1.33 miles
-
Fred Meyer
1.51 miles
-
Ross
1.51 miles
-
Grocery Outlet
1.54 miles
-
Bi-Mart
1.94 miles
-
Walmart Supercenter
1.96 miles
-
Roseburg Valley Mall
2.04 miles
-
Sherm's Thunderbird
2.08 miles
-
WinCo Foods
2.12 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Mary Gilbert
KW Commercial | Medford | Mary Gilbert