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1548 Lincoln St
Eugene, OR 97401

1548 LINCOLN STREET · Residential Property For Sale · 3 Units

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Investment Highlights

Quiet appealing location, close to downtown and University of Oregon, bus lines and bike paths

Executive Summary

1548 Lincoln St is a 3-unit investment property ready for you! Great rental history in a central location with easy access around town and to bus lines. Main level units have 2 bedrooms and 2 baths each. Upper unit 1 bedroom 1 bath. All have own laundry facilities.. Each unit has its own separate, fenced outdoor space that is nicely landscaped. The larger two units have storage sheds.. Driveway offers two designated parking spaces plus there is ample street parking available. Well maintained and updated by long-time owner. Not to be missed!

PROPERTY FACTS In Escrow

Price Per Unit	£224,494	Apartment Style	Single Family Home
Sale Type	Investment	Building Class	C
Net Initial Yield	7.42%	Lot Size	0.13 AC
Sale Conditions	1031 Exchange	Building Size	2,645 SF
Gross Rent Multiplier	11.63	Average Occupancy	100%
No. Units	3	Number of Floors	2
Property Type	Residential	Year Built	1925
Property Subtype	Apartment	Parking Ratio	0.76/1,000 SF

Price Per Unit	£224,494
Sale Type	Investment
Net Initial Yield	7.42%
Sale Conditions	1031 Exchange
Gross Rent Multiplier	11.63
No. Units	3
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Single Family Home
Building Class	C
Lot Size	0.13 AC
Building Size	2,645 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1925
Parking Ratio	0.76/1,000 SF

zoning

Zoning Code	S-JW
S-JW

Listing ID: 32785968
Date on Market: 13/08/2024
Last Updated:
Address: 1548 Lincoln St, Eugene, OR 97401

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