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.!
Details
| MLS # | 304064847 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 69 |
| Listing Provided By | ICON Real Estate Group | Sandra Boyst |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,733 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.12 |
Interior
| Heating | Baseboard, Wall Furnace |
|---|---|
| Heating Yn | Yes |
| Cooling Yn | No |
| Interior Features | High Ceilings, Laminate Flooring, Laundry, Tile Floor |
| Appliances | Dishwasher, Free Standing Range, Free Standing Refrigerator, Pantry |
Exterior
| Exterior Features | Covered Deck, Yard |
|---|---|
| Roof | Composition |
| Lot Features | Corner Lot, Trees |
Parking
| Attached Garage Yn | Yes |
|---|---|
| Parking Features | Driveway |
Taxes
| Property | 2637 |
|---|
Area Information
| State | OR |
|---|---|
| County | Lane |
| City | Springfield |
| Zip Code | 97477 |
| School District | Springfield |
| Elementary School | Two Rivers |
| High School | Springfield |
| Listing VS Median (in 97477) | |
Price: $475,000 low | high Med: $389,500 sqft: 1,733 low | high Med: 1,124 $ / sqft: $274 low | high Med: $347 On site: 69 low | high Med: 79 | |
Market Activity 97477
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Learn More About This Property
| State | OR |
|---|---|
| County | Lane |
| City | Springfield |
| Zip Code | 97477 |
| School District | Springfield |
| Elementary School | Two Rivers |
| High School | Springfield |
| Listing VS Median (in 97477) | |
Price: $475,000 low | high Med: $389,500 sqft: 1,733 low | high Med: 1,124 $ / sqft: $274 low | high Med: $347 On site: 69 low | high Med: 79 | |
 | $370,000820 B StSpringfield, OR 97477 |