957 Southeast Stephens Street

Roseburg, OR 97470

$425,000
Price
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Description

Home Buyers - Occupied Owners! Start your investment portfolio! Use the rental income to qualify for this triplex with as low as 5% down! Investor Alert! Exceptional Opportunity at 957 SE Stephens St, Roseburg, OR! Owner terms will be considered with 30-50% down. This charming building, situated on a spacious lot, boasts covered porches and roomy units offering both privacy and stunning views. The expansive lot extends to Stephens St and includes a street-front garage ideal for office or storage...Home Buyers - Occupied Owners! Start your investment portfolio! Use the rental income to qualify for this triplex with as low as 5% down! Investor Alert! Exceptional Opportunity at 957 SE Stephens St, Roseburg, OR! Owner terms will be considered with 30-50% down. This charming building, situated on a spacious lot, boasts covered porches and roomy units offering both privacy and stunning views. The expansive lot extends to Stephens St and includes a street-front garage ideal for office or storage space available for rent. With close proximity to public transit and essential services, this property presents an attractive option for both living and investment. This building features three units totaling 3,274 sqft on 0\.32 acres . Whether you're looking to become a homeowner or an investor, this property offers a unique opportunity: with as little as 5% down, you can qualify for financing using the rental income from the existing units, making it easier than ever to step into real estate investment. Additionally, two more buildings are available nearby, expanding your investment potential to a total of 16 units . Explore 1014 SE Pine St , which offers 5 units , and 968 SE Pine St , featuring 7 units plus a detached 2/1 home . Don't miss this chance to grow your portfolio in a thriving area! Seize the moment and make this investment opportunity yours today!
  1. Listed by Mary Gilbert • Keller Williams Southern Oregon-Umpqua Valley • 541-371-5500
  2. Listed by Chris Woodruff • Keller Williams Southern Oregon-Umpqua Valley

Property Details for 957 Southeast Stephens Street

Parking Features
Open
Zoning
C3
View
City, Valley
Parking Total
4.00
LISTING UPDATED: 11/21/2024 01:07 AM

Property Details for 957 Southeast Stephens Street

StatusActive
MLS #23463521
Days on Market394
Taxes$3,204 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1885
Lot Size-
CountyDouglas County

Building Information for 957 Southeast Stephens Street

Stories3Residences3Year Built1885Building Size-Lot Size-

Property Information for 957 Southeast Stephens Street

Summary
Location and General Information
  • Country: US
  • Directions: Fronts SE Stephens St, access to residential units is Stephens to Blakely to Left on Cobb St.
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Fir Grove
  • High School: Roseburg
  • Middle Or Junior School: Fremont
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $3,204.27
  • Parcel Number: R72243
  • Tax Legal Description: ROSEBURG, LOT M&B V122 P156, ACRES 0.32
Property
Lot Information
  • Lot Description: Gentle Sloping, Level, Private
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1885
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Gas, Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter, Pillar Post Pier
  • Stories: 3
Amenities
Amenities Information
  • Internet Service Type: DSL, Satellite
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $47,880.00
  • Gross Income Projected: $47,880.00
  • Gross Rent Multiplier: $8.88
  • Investor Information: According To Owner, Leases, Rent Records, Utility Records Available
  • Net Income Actual: $35,836.00
  • Net Income Projected: 35863
  • Operating Expenses Projected: $12,043.00
  • Operating Expense: $12,043.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
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 Rent: $1,325
  • Unit Type 1 SqFt: 0.0
  • 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 Rent: $1,200
  • Unit Type 2 SqFt: 0.0
  • 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: 2
  • Unit Type 3 Rent: $1,350
  • Unit Type 3 SqFt: 0.0
  • Unit Type 3 Units Total: 1

Schools near 957 Southeast Stephens Street

This home is within Douglas County School District 4.
Rating
School
Type
Grades
Distance
Eastwood Elementary School
Public - PK to 5
John C Fremont Middle School
Public - 6 to 8
Roseburg High School
Public - 9 to 12
Roseburg Virtual School
Public - K to 8
Rating
School
Distance
Eastwood Elementary School
PublicPK to 5

John C Fremont Middle School
Public6 to 8

Roseburg High School
Public9 to 12

Roseburg Virtual School
PublicK to 8

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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More information about 957 Southeast Stephens Street, Roseburg, OR 97470

957 Southeast Stephens Street is a multi-family home for sale in Roseburg, OR 97470. This property was listed for sale on October 26, 2023 by Keller Williams Southern Oregon-Umpqua Valley, it's currently listed at $425,000. This listing's school district is Douglas County School District 4. Nearby schools include Eastwood Elementary School, John C Fremont Middle School and Roseburg High School. 957 Southeast Stephens Street is a 0-bed, 0-bath, multi-family home built in 1885.

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 Keller Williams Southern Oregon-Umpqua Valley

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: 11/21/2024 01:07 AM