555 N RIVER RD, Cottage Grove (97424)
$2,799,000
0 
0
43,560
PROPERTY DETAILS
| Address: |
view address Cottage Grove, OR 97424 Map Location |
Bedrooms: | 0 |
|---|---|---|---|
| Square Feet: | 43,560 sq.ft. | Lot Size: | 1.00 acres |
| Year Built: | 1920 | Status: | Active |
| Property Type: | Multi Family | County: | Lane |
| List Date: | 2024-03-27 | Listing Number: | 24247742 |
| Listed By: | Bridge Creek Realty |
PROPERTY DESCRIPTION
The Fives on River is a 17-unit, single story apartment complex located at 555 N River Rd, Cottage Grove, OR 97424. Originally constructed in 1920, The Fives on River was renovated down to the foundation in 2023. The property contains 9,250 rentable square feet and features (1) studio unit and (16) 2 Bed/1 Bath units. Over the last few years, the property was completely remodeled, the only original structures are the foundation, which was re-shored and the trusses, which were reinforced. Additionally the owner has supported the framing, added and replaced rafters, installed a new roof, new siding, new paint, new doors, new windows, new fire sprinklers and zero maintenance landscaping. Each unit is renovated with LVP flooring, new paint, new fixtures, new granite counters, new cabinets and new stainless-steel appliances. Each unit contains it?s own washer, dryer and dishwasher, along with large closets for additional storage space. Each unit is sub-metered for water, sewer and electricity, which significantly reduces the utility costs for a new owner. The property is currently Professional managed for a 6% flat fee.
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Interior
| No Heat: | Yes |
Exterior
| Square Footage Unit #1: | 550.00 | Square Footage Unit #2: | 450.00 |
Property and Lot Details
| Lot Acres: | 1.00 | Lot Sqft: | 43,560.00 |
| Lot Zoned: | R2 | Middle School: | Lincoln |
| Public Sewer: | Yes | Taxes: | 6,965.52 |
| Transaction Type: | Sale | Year Built: | 1920 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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