310 MILL ST Springfield, OR97477

$2,470,450
27 total units
3 total bedrooms
2 total bathrooms
$219,000 annual income
Capitilization Rate: 5.17
16734 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Centennial
Middle School: Hamlin
High School: Springfield
Zoning: 1133
918 days on market

VestorFilter™

Price per unit$91.5K/unit
Price per ft²$147.63/ft²
Price per acre$5.26M/ac
Price per bedroom$823.5K/bed
Time on market918 days

Property Description

2 buildings on 2 tax lots of.36/acre each=.72 acre; South Building on perimeter foundation; North building on slab. 27 units: 9-2BR, 18-1BR plus Laundry. Convenient location: Near Island Park, Willamette River, Main Street, on bus line. Good cash flow.

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Financial Data

Date Sold2021-11-19
Sold Price$2,470,450
Original Price$2,200,000
Current Price$2,470,450
Property Taxes$19,870

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Home Facts

StatusSold
Year Built1961
Stories2
Exterior Features
MLS ID21442864

Unit Details

Unit 1
Unit 2