730 SE Flint St,
Roseburg,
OR
97470
Exceptional Riverfront Investment Opportunity in Roseburg! Discover this unique 6-unit multifamily property offering stable, long-term rental income with virtually no owner involvement required. Nestled in a serene, riverfront neighborhood, this property features four buildings thoughtfully designed for flexibility and minimal vacancy risk. Building 1: Two 1-bedroom, 1-bath units converted into a spacious 3-bedroom, 2-bath unit recently renovated in 2023 (1,350 sqft). Building 2: Two 1-bedroom, 1-bath units, also convertible to a 3-bedroom, 2-bath unit (1,350 sqft). Building 3: One 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, currently converted to a combined 4-bedroom, 2-bath layout fully rebuilt in 2023(2,100 sqft). Building 4: Dedicated laundry facility for tenant convenience(175 sqft). All units are separately metered, ensuring low operating costs. The property generates a robust $72,000 NOI annually, backed by long-term, reputable tenants on a stable NN lease. Recent renovations mean no deferred maintenance, with tenants responsible for their own upkeep and remodeling needs. This riverfront property is particularly attractive to its current tenant, an adult home care service provider, due to its state-specific licenses that are not easily transferable, ensuring long-term tenant stability. A rare find with nearly zero vacancy risk, this multifamily gem promises steady net income with peace of mind, all while offering serene water views. Don't miss out on this rare riverfront investment opportunity. Contact us today to schedule a private tour and explore the potential of this unique property!
This is an Active listing.
Broker Office Phone Number: 541-529-2320
Copyright © 2024Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.