Property Photo: 50 S 17th Street OR 97424

Listing Courtesy of:

Northwest MLS / Venture Commercial Real Estate

50 S 17th Street Cottage Grove, OR 97424

Active (162 Days)

$1,000,000

3,600

SQFT

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Description

New construction fourplex with standalone units available in Cottage Grove. Property is approved for the Multi-Unit Property Tax Exemption (MUPTE) with a completion deadline of November 2024, offering significant property tax savings for the next 10 years. Each 900 square foot open layout unit is equipped with 1 bed - 1 bath. Adjacent parcel available for purchase as well. Projected rents are $1,500 per unit. Owner financing available.

MLS #:
2263756

Taxes
$389(2023)

Lot Size
0.28 acres

Type
Multifamily

Year Built
2022

Style
4-Plex

School District
South Lane

County
Lane County

Community
Oregon

Listed By

Lyle Stratton, Venture Commercial Real Estate

Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 12:45 AM PST

Bathroom Details

Subdivision

Oregon

Property Features

Fireplace: 0
Foundation: Slab

Heating and Cooling

Heat Pump
Ductless Hp-Mini Split

Flooring

Engineered Hardwood

Exterior Features

Wood
Metal/Vinyl
Roof: Flat

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Location

Map View | Street View

Listing to Address

Address to Listing

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

Nov 12, 2024

Price Changed

$1,000,000

-13%

-150,000

Jul 12, 2024

Original Price

$1,150,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 12/21/24 16:45. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.