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156 5th Street

Ashland, OR 97520
  • $1,300,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 220146833
Price Reduced
UPDATED: 234 min ago
$1,300,000
  • 7
    BEDS
  • 0.33
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,375
    SQFT
  • $385
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1881
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Central Oregon Association of Realtors logoListing courtesy of Full Circle Real Estate.

Description

Terrific income opportunity in one of Ashland's original RR District's restored craftsman farmhouses built in 1881 on a .33 acre lot. There is a triplex consisting of a 1 bed 1 bath unit, a 2 bed 1 bath unit that has been remodeled & upgraded, both with access to the spacious backyard, & a third unit with 2 bedrooms & 1 bath with wonderful natural light, updated kitchen & wonderful bonus room for a home office, studio or 3rd bedroom. There is alley access on 2 sides & allows access to the 763 sq ft free standing private cottage with extensive updates throughout. With new vinyl windows throughout, 5 off street parking spaces including an incredible carport large enough for an RV, hot tub, 2 storage outbuildings, laundry in 3 units & too many additional upgrades & features to list all just a block to Noble Coffee and only a short distance to the Food Co-op and downtown Ashland. This popular area & well cared for multi unit property makes this a fantastic investment with a great return.

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Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2022-06-28T23:47:25.57
www.cbsun.com/homes/129344147
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156 5th Street Ashland, OR 97520

  • Price: $1,300,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 234 min ago
  • MLS #: 220146833
7
Beds
4
Baths
0
½ Baths
0.33
Acres
3,375
SQFT
$385
$/SQFT
1881
Built
Neighborhood:
N/A
County:
Jackson
Area:
Ashland
Elementary School:
Check With District
Middle School:
Ashland Middle
High School:
Ashland High
Property Description
Terrific income opportunity in one of Ashland's original RR District's restored craftsman farmhouses built in 1881 on a .33 acre lot. There is a triplex consisting of a 1 bed 1 bath unit, a 2 bed 1 bath unit that has been remodeled & upgraded, both with access to the spacious backyard, & a third unit with 2 bedrooms & 1 bath with wonderful natural light, updated kitchen & wonderful bonus room for a home office, studio or 3rd bedroom. There is alley access on 2 sides & allows access to the 763 sq ft free standing private cottage with extensive updates throughout. With new vinyl windows throughout, 5 off street parking spaces including an incredible carport large enough for an RV, hot tub, 2 storage outbuildings, laundry in 3 units & too many additional upgrades & features to list all just a block to Noble Coffee and only a short distance to the Food Co-op and downtown Ashland. This popular area & well cared for multi unit property makes this a fantastic investment with a great return.
Exterior Features

Architectural Style Cottage/Bungalow Construction Materials Frame Exterior Features CourtyardFire PitPatioSpa/Hot Tub Foundation Details Concrete Perimeter Levels Two Lot Features FencedLandscapedLevel Parking Details Numberof Carports 1 Parking Details Numberof Other Parking 4 Parking Features Alley AccessDetached CarportGatedOn Street Road Surface Type Paved Roof Composition View NeighborhoodTerritorial

Interior Features

Appliances DryerRangeWasherWater Heater Cooling Wall/Window Unit(S) Fireplace Features Wood Burning Flooring HardwoodTileVinyl Heating Electric Interior Features Granite CountersOpen FloorplanShower/Tub ComboTile ShowerWalk-In Closet(S)Wired For Data Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Window Features Double Pane WindowsVinyl Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Exclusions Tenants' Personal Property FIRPTAYN No Inclusions RangesFridgesWashers And DryersHot TubWindow A/C Units Incomeand Expenses Annual Amounts Cap Rate 5.80 Incomeand Expenses Annual Amounts Gross Income 96840.00 Incomeand Expenses Annual Amounts Net Operatin 81148.00 Incomeand Expenses Annual Amounts Operating Ex 15692.00 Listing Terms CashConventional New Construction YN No Property Sub Type Quadruplex Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 5294.58 Tax Year 2021 Unit1 Monthly Rent 1800.00 Unit1 Status Leased Unit1 Unit Number 1 Unit2 Monthly Rent 1500.00 Unit2 Unit Number 2 Unit3 Monthly Rent 2120.00 Unit3 Status Leased Unit3 Unit Number 3 Unit4 Monthly Rent 2250.00 Unit4 Status Leased Unit4 Unit Number Back House Water Source Public Zoning R-2

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of Full Circle Real Estate.

Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2022-06-28T23:47:25.57
 
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Coldwell Banker Sun Country Realty, Inc.
750 NW 3rd Street
Prineville OR, 97754

Central Oregon Association of Realtors logoListing courtesy of Full Circle Real Estate.