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$1,499,000
35 S 21st St, Cottage Grove, OR 97424
13 Beds
11 Baths
10,671 sqft

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Private, 9 unit property on almost 3 acres, Property has a fully remodeled 2 bed/3bath Main house with a full basement and 2 mother-in-law units upstairs. There is a 1904 farm house, a 4-plex, and a 1994 manufactured home w/ a detached garage. Towards the back of the property there is a 24x36 shop and covered RV parking. A beautiful walking trail goes around the property. Cap Rate is 4.63 and the GRM is 14.53. Please Do Not Disturb The Tenants.
  • Price:
  • $1,499,000
  • Bedrooms:
  • 13
  • Square Footage:
  • 10,671
  • Year Built:
  • 1904
  • Listing ID #:
  • 21417654
  • Street Address:
  • 35 S 21st St
  • City:
  • Cottage Grove
  • State:
  • Oregon
  • Postal Code:
  • 97424
  • County:
  • Lane
  • Community:
  • Lane Co: South Lane Properties
  • Listing Status:
  • Pending
  • Listing Type:
  • ResidentialMultiFamily
2
out of 5

Harrison Elementary School
Public
School Grade Level K-5
School Students 445 students
School Teachers 23 student/
teacher
1
out of 5

Lincoln Middle School
Public
School Grade Level 6-8
School Students 520 students
School Teachers 21 student/
teacher
4
out of 5

Cottage Grove High School
Public
School Grade Level 9-12
School Students 798 students
School Teachers 20 student/
teacher
  • Basement Description:
  • Finished, Full Basement
  • Building Condition:
  • Updated/Remodeled
  • Building Security:
  • Security Lights
  • Foundation:
  • Slab
  • Rent Includes:
  • Trash Collection, Sewer, Water
  • Siding:
  • Cement Siding, Wood Siding
  • Stories:
  • 2
  • Total Building Square Footage:
  • 10671
  • Type Of Roof:
  • Composition
  • Unit 1 - Square Footage Available:
  • 2120
  • Unit 1 - Square Footage Available:
  • 1188
  • Unit 1 Monthly Rent:
  • 1800
  • Unit 2 - Square Footage Available:
  • 1206
  • Unit 2 Monthly Rent:
  • 1280
  • Unit 3 Monthly Rent:
  • 1400
  • Unit 4 - Square Footage Available:
  • 700
  • Unit 4 Monthly Rent:
  • 710
  • Unit 5 - Square Footage Available:
  • 700
  • Unit 5 Monthly Rent:
  • 650
  • Unit 6 - Square Footage Available:
  • 700
  • Unit 6 Monthly Rent:
  • 565
  • Unit 7 - Square Footage Available:
  • 700
  • Unit 7 Monthly Rent:
  • 675
  • Unit 8 - Square Footage Available:
  • 700
  • Unit 8 Monthly Rent:
  • 645
  • Unit Features:
  • Deck, Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer, Wood Floors
  • Unit1 Bathrooms:
  • 3
  • Unit1 Bedrooms:
  • 2
  • Unit1 Features:
  • Deck, Dishwasher, Fireplace, Washer/Dryer
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 3
  • Unit2 Features:
  • Range, Refrigerator, Washer/Dryer, Wood Floors
  • Unit3 Bathrooms:
  • 2
  • Unit3 Bedrooms:
  • 3
  • Unit3 Features:
  • Dishwasher, Range, Refrigerator, Washer/Dryer
  • Unit4 Bathrooms:
  • 1
  • Unit4 Bedrooms:
  • 1
  • Unit4 Features:
  • Range, Refrigerator
  • Unit5 Bathrooms:
  • 1
  • Unit5 Bedrooms:
  • 1
  • Unit5 Features:
  • Range, Refrigerator
  • Unit6 Bathrooms:
  • 1
  • Unit6 Bedrooms:
  • 1
  • Unit6 Features:
  • Range, Refrigerator
  • Unit7 Bathrooms:
  • 1
  • Unit7 Bedrooms:
  • 1
  • Unit7 Features:
  • Range, Refrigerator
  • Unit8 Bathrooms:
  • 1
  • Unit8 Bedrooms:
  • 1
  • Unit8 Features:
  • Range, Refrigerator
  • View:
  • City, Trees/Woods
  • Year Built:
  • 1904
  • Adjusted Gross Income:
  • 103140
  • Net Operating Income:
  • 69427
  • Conforms To Zoning:
  • R2
  • Lot Description:
  • Level, Secluded, Trees, Gentle Sloping
  • Lot Size:
  • 1 To 2.99 Acres
  • Road Surface:
  • Paved
  • Community Features:
  • Commons
  • Days On Market:
  • 56
  • Legal Description:
  • Tl 01910
  • List Date:
  • 2021-05-28
  • Originating Mls:
  • Regional Multiple Listing Service, Inc.
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $14,125
  • Tax Year:
  • 2020
  • Parking Description:
  • Carport, Garage
  • Cooling Description:
  • Window Unit(s)
  • Heating Description:
  • Wall Furnace
  • Heating Fuel:
  • Gas
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electricity, Gas
  • Water Amenities:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Icon Real Estate Group
  • All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 7/24/2021 9:00 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. ORREG

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