730 SE FLINT ST Active Save Request In-Person Tour Request Virtual Tour
Roseburg,OR 97470
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,975 sqft
Price per Sqft $200
MLS Listing ID 24623896
Year Built 1952
Annual Tax Amount $4,400
Tax Year 2023
Lot Size 0.830 Acres
Property Description
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!
Location
State OR
County Douglas
Community Alllandscaping
Area _253
Zoning MR14
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air, Mini Split
Exterior
Garage Spaces 3.0
Community Features AllLandscaping
Waterfront Yes
Waterfront Description RiverFront
View Mountain, River
Roof Type Composition
Parking Type Carport, Driveway
Garage No
Building
Lot Description Cleared, Gentle Sloping, Level
Story 1
Foundation Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Fullerton
Middle Schools Fremont
High Schools Roseburg
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional