1618 FERRY ST Eugene, OR97401

$1,385,000
2 total units
10 total bedrooms
6 total bathrooms
$101,520 annual income
Capitilization Rate: 5.24
4220 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Edison
Middle School: Roosevelt
High School: South Eugene
Zoning: R-3
1249 days on market

VestorFilter™

Price per unit$692.5K/unit
Price per ft²$328.20/ft²
Price per acre$19.65M/ac
Price per bedroom$138.5K/bed
Time on market1249 days

Property Description

1618 Ferry is a 1,980 sq. ft. 5+ bedroom, 3 bath; and 1620 Ferry is a 2,240 sq. ft., 5+ bed / 3 bath home. Both are rented to U of O students. The structures are well maintained and were purpose built as student rentals in 2008. The tenant groups in both houses are affiliated with the same sorority and traditionally, the leases have passed as overflow housing to members of the same sorority house for the last number of years.

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Financial Data

Date Sold2021-03-31
Sold Price$1,385,000
Original Price$1,400,000
Current Price$1,385,000
Property Taxes$7,654

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Home Facts

StatusSold
Year Built2008
Stories2
Exterior Features
MLS ID20513855

Unit Details

Unit 1
Unit 2