1920 Chambers Street

Eugene, OR 97405

$775,000
Price
Beds
2,415 Sq. Ft.
$321 / Sq. Ft.
2,415
Sq. Ft.
$321
per Sq. Ft.

Description

Meticulously maintained and tastefully updated multifamily property in convenient and desirable location! Two 2bd/1bath units and three separate studios with a transferable ~$301k seller-carry note @ 5.25% for qualified buyer(s). Current price offers a fantastic ~8.574% cap rate with a proven track record of performance -- 3 units long term, 2 units short term; all units have been mindfully and continually updated. Many nearby amenities including parks, schools, shops, restaurants, entertainment,...Meticulously maintained and tastefully updated multifamily property in convenient and desirable location! Two 2bd/1bath units and three separate studios with a transferable ~$301k seller-carry note @ 5.25% for qualified buyer(s). Current price offers a fantastic ~8.574% cap rate with a proven track record of performance -- 3 units long term, 2 units short term; all units have been mindfully and continually updated. Many nearby amenities including parks, schools, shops, restaurants, entertainment, events, bike paths, bus lines, and more. Units available for showing w/ confirmation of appointment from LA. Please do not disturb tenants. Fifth unit noncomforming; buyer to do own due diligence regarding use with City and/or County. Without 5th unit counted in financials cap rate still ~6.381%. Also willing to decommission fifth unit for financed buyer with right terms! Be sure to reach out for the property pamphlet!
  1. Listed by Joey Dion • Hybrid Real Estate

Property Details for 1920 Chambers Street

Parking Features
Assigned, Carport
Zoning
R-1
Parking Total
5.00

Open Houses

Saturday, Nov 23rd

1:00 PM - 3:30 PM

Public

LISTING UPDATED: 11/19/2024 08:42 AM

Property Details for 1920 Chambers Street

StatusActive
MLS #24324494
Days on Market22
Taxes$4,640 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size0.19 AC / 8,276 SF
CountyLane County

Virtual Tour

Building Information for 1920 Chambers Street

Stories2Residences5Year Built1950Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 1920 Chambers Street

Summary
Location and General Information
  • Country: US
  • Directions: W on W 11th, S on Chambers, Property on West
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $4,639.53
  • Parcel Number: 0696276
  • Tax Legal Description: To be provided by escrow.
Virtual Tour
Property
Lot Information
  • Acres: 0.19
  • Lot Description: Level
  • Lot Size Square Feet: 8276.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1950
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Electricity
  • Heating Description: Ductless
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shingle Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $82,254.00
  • Gross Rent Multiplier: $9.42
  • Investor Information: According To Owner, Annual Property Operation Data, Maintenance Records Available, Rent Records
  • Net Income Actual: $66,452.00
  • Operating Expense: $15,802.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 2415
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Furnished, Range, Refrigerator
  • Unit Type 1 Rent: $2,358
  • Unit Type 1 SqFt: 966.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Range, Refrigerator, Window Coverings
  • Unit Type 2 Rent: $1,285
  • Unit Type 2 SqFt: 673.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Air Conditioning, Range, Refrigerator, Window Coverings
  • Unit Type 3 Rent: $920
  • Unit Type 3 SqFt: 288.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Air Conditioning, Furnished, Range, Refrigerator
  • Unit Type 4 Rent: $995
  • Unit Type 4 SqFt: 300
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Range, Refrigerator, Window Coverings
  • Unit Type 5 Rent: $1,528
  • Unit Type 5 SqFt: 188.0
  • Unit Type 5 Units Total: 1

Public Records for 1920 Chambers Street

Taxable ValueLand-Additions-Total-
Tax Record2024$4,640 ($387 / month)
Home Facts
Baths5Total Finished SqFt1,639 SqFtAbove Grade Finished SqFt1,639 SqFtStories1Lot Size8,276 SqFtStyleDuplexYear Built1950ZoningR1-LOW-DENSITCountyLANEAPN18-04-01-21-01500-000

Schools near 1920 Chambers Street

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Arts And Technology Academy At Jefferson
Public6 to 8

Churchill High School
Public9 to 12

Family School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1920 Chambers Street is a multi-family home for sale in Eugene, OR 97405. This property was listed for sale on November 1, 2024 by Hybrid Real Estate, it's currently listed at $775,000. This listing's school district is Eugene School District 4j. Nearby schools include Cesar Chavez Elementary School, Arts And Technology Academy At Jefferson and Churchill High School. 1920 Chambers Street is a 0-bed, 0-bath, 2,415 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hybrid Real Estate

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