349 40TH ST Springfield, OR $ 575,000
349 40TH ST
$ 575,000
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349 40TH ST

Springfield, OR, 97478
$ 575,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,822

349 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 home was built in 1992 on a lot size of 0.2.

Occupants pay for all utilities (water, sewer and garbage). Operating costs for 2023 are a lot higher than normal due to repairs and remodels. We will show 1 unit and with an accepted offer we will show you all the units. Also 351 in for sale, both on separate tax lots. The foundation was lifted and repaired. STRICTLY AS IS, see addendum #1, provided by the seller. The NOI is listed is for YTD skewed because 2023 was heavy on remodel/repair.

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Multi-Family Pending

Price

$ 575,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,311

Style

Lot Size

0.2

Year Built

1992

Town/City

Springfield

County/Region

Lane

MLS | Web ID

24175661

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition Shingle
Zoning RSFR
Garage Spaces 0
Security Features None
Year Built 1992
Stories 1
Tax Year 2023
Gross Income 33574.0
Community Features AllLandscaping
County Lane
Net Operating Income 2665.0
Operating Expense 47012.0
Property Type MultiFamily
Rent Includes MaintenanceGrounds
Status Pending
Directions East on Main St. left on 40th property is on the right
High School Thurston
City Springfield
NumberOfUnitsTotal 4
MLS Area _249
Lot Size Square Feet 8712.0
Street Name 40TH
Listing Terms Cash Conventional
Elementary School Riverbend
Tax Annual Amount 4311.17
Middle/Junior High School Briggs
Property Condition Approximately
Days on Market 21
Standard Status Pending
Legal Description T17R02531Q14
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Interior
Basement None
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
Parking Features OffStreet OnStreet
Lot Features FloodZone Level
Water Source PublicWater
Total Parking 6.0
Exterior Description T111Siding
Foundation Details Slab
Lot Dimensions 78ft X112ft
Lot Size Acres 0.2
Road Surface Type Paved
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Internal Only
Street Number 1 349
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* Excluded Features
List By
Keystone Real Estate

Broker

eugenesteve@live.com

Email

Affordability Calculator

$4,181
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,822
Monthly Property Taxes
$359
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
Pricing History
DatePricePrice ChangeDescription
4/19/2024$575,000 Listed Price

Map


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349 40TH ST, Springfield, OR, 97478 is a Multi-Family Home for sale at $575,000 with a lot size of 0.2. 349 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