25 N Platt AvenueEagle Point, OR97524

$179,500
1 total units
972 sq. ft
0.13 acres
Zoning: C-1
1737 days on market

VestorFilter™

Price per ft²$184.67/ft²
Recent price drop$4,500
Price per acre$1.38M/ac
Time on market1737 days

Property Description

Will be vacant on November 10, 2021. This is a commercial piece of property/rental. It's attractive, plenty of parking and is virtually maintenance free for the entire year of 2019. Water, taxes and insurance amount to approximately $300 per month. Excellent investment. Forced heating and air, in home alarm, auto underground sprinklers, a well maintained property. Very comfortable. Classy appearance. Stand alone business location with private parking. It's safe, secure, cable/wi-fi access is excellent and the building is sound. New roof just six years old, new locks on doors and ADT can be hooked up with no additional cost for hardware. Curbs and gutters to be installed at North end of lot by end of 2020. Last inspection was excellent with no major problems. The current 2 year lease will be up in December 2021. Rent is $1,090 per month. Landlord pays water. It is currently leased by Little Eagles Pre School and Learning Center.

Financial Data

Date Sold2022-02-28
Sold Price$170,000
Price ChangeDropped $4,500 on 02/28/2022
Total $4,000 increase
Original Price$175,500
Current Price$179,500
Property Taxes$1,611

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Home Facts

StatusClosed
Year Built1946
MLS ID103005172