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351 40TH ST Springfield, OR $ 575,000
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$ 575,000 Get more info
351 40TH ST
$ 575,000
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351 40TH ST

Springfield, OR, 97478
$ 575,000
Bedrooms8 Baths4.0 Sq 2,640

Monthly Estimate*

$ 3,822

351 40TH ST, Springfield, OR 97478 - Image 1

Multi-Family Home for sale in Springfield, OR

for $575,000 with 8 bedrooms and 4 full baths. This 2,640 square foot home was built in 1992 on a lot size of 0.21.

New roof within the last 2 years. Occupants pay all utilities(water, sewer and garbage). Operating costs 2023 are alot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show all units. Also 349 is for sale both on separate tax lots. STRICTLY AS IS, see addendum #1, provided by the seller. NOI is for 2024, 2023 had a lot of remodel/repair.

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Multi-Family Pending

Price

$ 575,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,331

Style

Lot Size

0.21

Year Built

1992

Town/City

Springfield

County/Region

Lane

MLS | Web ID

24433847
Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Composition
Zoning MDR
Year Built 1992
Stories 1
Tax Year 2023
Gross Income 41232.0
County Lane
Net Operating Income 6671.0
Operating Expense 29572.0
Property Type MultiFamily
Rent Includes None
Status Pending
Directions E on Main L on 40th
High School Thurston
City Springfield
NumberOfUnitsTotal 4
MLS Area _249
Lot Size Square Feet 9147.0
Street Name 40TH
Listing Terms Cash Conventional
Elementary School Riverbend
Tax Annual Amount 4331.05
Middle/Junior High School Briggs
Property Condition Approximately
Days on Market 21
Standard Status Pending
Legal Description TRS: T17 R02 531 Q14 LOT: TL 04503
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Interior
Storage None
Hot Water Electricity
Unit 1 Baths Total 4
Unit 1 Beds Total 8
Street Suffix ST
Unit Type UnitTypeType1
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Exterior
Lot Features Level
Water Source PublicWater
Total Parking 4.0
Exterior Description T111Siding
Foundation Details Slab
Building Area Total 2640.0
Lot Size Acres 0.21
Road Surface Type Paved
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Internal Only
Street Number 1 351
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* Excluded Features
List By
Keystone Real Estate

Broker

eugenephil50@gmail.com

Email

Affordability Calculator

$4,183
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,822
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1948972 Elementary School
1950069 Middle School
Thurston High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/19/2024$575,000 Listed Price

Map

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351 40TH ST, Springfield, OR, 97478 is a Multi-Family Home for sale at $575,000 with 2,640 sqft and a lot size of 0.21. 351 40TH ST has 8 bedrooms, 4.0 baths, and was built in 1992. The property's zip code is 97478 which is in Springfield, OR

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