5551 Burnett Avenue

Eugene, OR 97402

$2,300,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

4 great separate rental units with 6.2 cap rates4 great separate rental units with 6.2 cap rates
  1. Listed by Sherman Terry • Terry Group Realty

Property Details for 5551 Burnett Avenue

Zoning
res
LISTING UPDATED: 10/27/2024 10:01 AM

Property Details for 5551 Burnett Avenue

StatusActive
MLS #24431598
Days on Market71
Taxes$6,719 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1987
Lot Size0.25 AC / 10,890 SF
CountyLane County

Building Information for 5551 Burnett Avenue

Stories2Residences4Year Built1987Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 5551 Burnett Avenue

Summary
Location and General Information
  • Country: US
  • Directions: call listing agent
School Information
  • High School: Sheldon
  • Middle Or Junior School: Cal Young
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,718.74
  • Parcel Number: 0404218
  • Tax Legal Description: 16505390
Property
Lot Information
  • Acres: 0.25
  • Lot Size Square Feet: 10890.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1987
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding
Interior Features
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $180,000.00
  • Gross Rent Multiplier: $12.78
  • Investor Information: According To Owner
  • Net Income Actual: $150,000.00
  • Operating Expense: $30,000.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
Unit 1 Information
  • Unit Type 1 Baths Total: 4
  • Unit Type 1 Baths Decimal: 4.00
  • Unit Type 1 Beds Total: 7
  • Unit Type 1 Features: Dishwasher, Disposal, Hardwood Floors, Microwave
  • Unit Type 1 Rent: $3,750
  • Unit Type 1 SqFt: 2312.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 6
  • Unit Type 2 Rent: $3,750
  • Unit Type 2 SqFt: 2104.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 2.00
  • Unit Type 3 Beds Total: 3
  • Unit Type 3 Rent: $3,750
  • Unit Type 3 SqFt: 1796.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Baths Decimal: 2.00
  • Unit Type 4 Beds Total: 6
  • Unit Type 4 Rent: $3,750
  • Unit Type 4 SqFt: 2200
  • Unit Type 4 UnitsTotal: 1

Property History for 5551 Burnett Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5551 Burnett Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$3,491 ($291 / month)
Home Facts
Baths2Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtStories1Lot Size10,019 SqFtStyleDuplexYear Built1972Year Renovated1977ZoningR1-LOW-DENSITCountyLANEAPN17-04-17-43-06700-000

Schools near 5551 Burnett Avenue

This home is within Bethel School District 52.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Meadow View School
PublicK to 8

Willamette High School
Public9 to 12

Kalapuya High School
Public9 to 12

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.

Similar Homes

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5551 Burnett Avenue is a multi-family home for sale in Eugene, OR 97402. This property was listed for sale on September 12, 2024 by Terry Group Realty, it's currently listed at $2,300,000. It has been on the market for a total of 71 days and was last sold on October 1, 2018. This listing's school district is Bethel School District 52. Nearby schools include Meadow View School, Willamette High School and Kalapuya High School. 5551 Burnett Avenue is a 0-bed, 0-bath, multi-family home built in 1987.

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 Terry Group Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 10/27/2024 10:01 AM