381 9TH ST, Springfield, OR 97477

$475,000
3
BD
2
BA
1,733
SqFt

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List Price
$475,000
Days on Market
14
Status
ACTIVE
MLS#
304064847
Rent
4500
Bedrooms
3
Bathrooms
2
Living Area
1,733
Lot Size
5, 000 to 6, 999 SqFt
Region
Lane Co: Springfield

Property Description

Turnkey investment opportunity in Springfield’s Historic Washburn District! This 1900 Victorian is currently operating as a successful short-term rental with a strong rental history and is generating approximately $45,000–$60,000 in annual gross rental income. The home offers two separate living spaces with private entrances, creating excellent flexibility for investors or owner-occupants. The front unit features 2 bedrooms, 1 bathroom, high ceilings, a gas fireplace, covered front porch, fenced yard, and charming period character. The upstairs unit offers 1 bedroom, 1 bathroom, an updated bathroom and kitchenette, making it ideal for guests or extended stays. Laundry and the attached garage are currently utilized for short-term rental operations and owner supplies. Conveniently located near restaurants, shopping, coffee shops, public transportation, and with easy access to area freeways. Buyer to perform their own due diligence regarding the continued use of the property as a short-term rental/Airbnb and any applicable city, county, or state regulations. Seller is completing a 1031 exchange. Please do not disturb tenants.!

Additional Information

Tax Amount
$2,637
Year Built
1900
High School
Springfield
Elementary School
Two Rivers
Middle School
Hamlin
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached
Acres
0.12
Living Area
1,733
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional
Master Bedroom Level
Upper
Fireplace Description
Gas
Fuel Description
Electricity, Gas
Heating Description
Baseboard, Wall Furnace
Hot Water Description
Electricity
Exterior Description
Lap Siding, Shingle Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
2 Story, Victorian
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Covered Deck, Yard
Interior Features
High Ceilings, Laminate Flooring, Laundry, Tile Floor
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Pantry

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ICON Real Estate Group.

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