50 S 17TH ST, Cottage Grove, OR 97424
- $899,900
- 3,928
- SqFt
- List Price
- $899,900
- Price Change
- ▼ $30,000 1778907227
- Days on Market
- 171
- MLS#
- 210904208
- Property Type
- Multifamily
- Sqft. of Residence
- 3,928
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Lane Co: South Lane Properties
- Status
- PENDING
Property Description
Rare opportunity to acquire a newer construction fourplex designed for low maintenance and long-term performance. This thoughtfully built investment property offers strong income potential, with projected rents of approximately $1,500 per unit. The property benefits from the Multi-Unit Property Tax Exemption (MUPTE), providing significant property tax savings with many years remaining.Each of the four 1-bedroom, 1-bath cottage-style units features efficient, modern layouts and high-quality finishes that appeal to today’s market. The open-concept main level includes durable hard-surface flooring, spacious living areas ideal for entertaining, and well-appointed kitchens with butcher block and granite countertops, along with ample cabinetry.Upstairs, each unit offers a generous private bedroom suite with a full ensuite bath and direct access to a private balcony. Individually metered electricity adds efficiency and simplifies management.A truly rare, modern fourplex with excellent cash-flow potential—you won’t find another opportunity like this on the market. Schedule a private tour today!
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Additional Information
- Tax Amount
- $599
- Year Built
- 2022
- High School
- Cottage Grove
- Elementary School
- Harrison
- Middle School
- Lincoln
- Acres
- 0.17
- Living Area
- 3,928
- Stories
- 2
- Terms
- Cash, Conventional, FHA, Other, VA Loan
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Ductless, Mini Split, Wall Heater
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Metal Siding, Wood Siding
- Roof Type
- Composition, Shingle
- Sewer Description
- Public Sewer
- Parking
- Off Street, Paved
- Foreclosure
- Yes
- Parking Description
- Off Street, Paved
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Sq Ft
- 982
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Sq Ft
- 982
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Sq Ft
- 982
- Unit Type Four Units Total
- 1
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Listing courtesy of RE/MAX Integrity.
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