50 S  17th St, Cottage Grove, OR 97424
FOR SALE0.28 ACRES

50 S 17th St
Cottage Grove, OR 97424

  • 4 Beds
  • 4 Baths
  • 3,600 sqft (on 0.28 acres)
  • 4 Beds
  • 4 Baths
  • 3,600 sqft (on 0.28 acres)

$1,193,000

Est. Mortgage $7,139/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Rare to market, this brand-new 4-plex is designed for long-term success. With an owner carry opportunity available, minimum term length of 5 years with attractive terms. Great investment opportunity, with projected rents at $1,500.00 per unit. Adjacent parcel with engineered plans for 3 more residential units and 2 commercial ground units with a residential unit above ready for approval to be purchased separately or as a package. Moreover, approved for the Multi-Unit Property Tax Exemption (MUPTE) currently with a construction completion deadline of November 2024. Saving the property owner tens of thousands in property taxes over the next 10 years. No taxes starting from the completion of the 3 additional units! These meticulously crafted one bed, one bath Cottage Style units boast high-end finishes, offering a touch of luxury for its residents. Open concept floor plans with hard surface floors downstairs. Well sized kitchens with butcher block / granite countertops, ample storage space and brand new appliances. Spacious living room perfect for entertaining. Huge master suite upstairs with access to the private balcony and ensuite full bath with separate space for office or art studio. Each unit is equipped with sub-metered electrical. Ready for roof top solar. So much potential for long term cash flow! You will not find anything like it on the market! Shown by appointment only. Call your broker today to arrange a private tour!

Home Highlights

Parking
7 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$331
Listed
45 days ago
Last check for updates: about 14 hours ago
Listing courtesy of Jesse Haffly, (541) 514-7583
eXp Realty LLC
Source: RMLS (OR), MLS#24593736

Home Details for 50 S 17th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3600 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Range, Washer/Dryer, Electric Water HeaterDishwasher
Heating & Cooling
Heating: Ductless,Heat Pump,Mini SplitHas CoolingAir Conditioning: Heat Pump,Air ConditioningHas HeatingHeating Fuel: Ductless
Levels, Entrance, & Accessibility
Stories: 2
View
Has a ViewView: Seasonal

Exterior Features

Exterior Home Features
Roof: FlatFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 7Parking: Off Street,Paved
Frontage
Road Surface Type: Concrete, Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Metal Siding, Wood SidingNot Attached Property
Property Information
Condition: New ConstructionParcel Number: 0900058

Price & Status

Price
List Price: $1,193,000Price Per Sqft: $331

Location

Direction & Address
City: Cottage Grove
School Information
Elementary School: HarrisonJr High / Middle School: LincolnHigh School: Cottage Grove

Agent Information

Listing Agent
Listing ID: 24593736

Building

Building Area
Building Area: 3600 Square Feet

Lot Information

Lot Area: 0.28 acres

Offer

Listing Terms: Call Listing Agent, Cash, Conventional, Owner Will Carry

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Trash Collection, Water

Miscellaneous

Mls Number: 24593736

Price History for 50 S 17th St

DatePriceEventSource
03/15/2024$1,193,000Listed For SaleRMLS (OR) #24593736

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Comparable Sales for 50 S 17th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.52
Multi-Family Home
$1,475,000
11/17/23
16
12
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0.77
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$1,550,000
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$675,000
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What Locals Say about Cottage Grove

  • Damion K.
    "Cottage Grove is small town USA that has done work to make it self more attractive to tourism with two nice reservoirs a great rails to trails bake path stocked fishing pounds a up start brewing culture mainly small and unique shops in the renovated down town area food carts it’s small town living 20 minutes from the University of Oregon and the city of Eugene "
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  • Tabatha P.
    "There are no sidewalks on my street which is a draw back but there are two public parks nearby and a bicycle path that are great for walks. "
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  • Mamy B.
    "Special place to grow family, parks, playgrounds, stores, restaurants, nature, friendly people, events... "
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  • Onamarie0955
    "it's a great area to walk, lots of kids and friendly people all the time. So buy a bark collar for you dog if you don't build a fence. "
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  • Dnid79
    "Halloween and Christmas! Movie night at the fire house for the city, Bohemia Mining Days and the Carnival."
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  • Wendi M.
    "Schwartz Campground is close by and nice hiking and biking trails are right out your front door. Dorena reservoir is very close as well."
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  • Toni L.
    "I used to like living here...but then again Im an adult now and I was a sheltered child. Too many people and the city is not spread out enough for traffic. It takes 15 minutes to get from one end to the other when it used to be less than 5. People are nice, but very nosey. Cant wash my car, change the oil, mow the lawn without 5 people in that time, saying “me next”. We do have walmart, safeway and bimart. Not enough cafes to enjoy.its just your basic mcdonalds or the 3 expensive restaurants ($20+ per plate). And tweakers EVERYWHERE. Im ready to move."
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  • M
    "Nice place to raise a family. Good people around and lots to do. Bike paths that run all threw town and lots of fishing holes waterfalls lakes and streams good little town where you feel right at home"
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  • McKinnon
    "This is a small community that fosters a good deal of spirit. Neighbors watch out for each other the people you see every day become friends. I have lived here for 11 + years now and raised 8 children here with great success the schools are great the town offers lots to do all year round and is generally family friendly with lots to explore and do out side crime is almost nil and the local police are fantastic"
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  • Andrea I.
    "My Husband drives all over the state for work. It is less than 5 minutes to the highway and only 20 minutes to Eugene. Nice flat roads, for when there is ice or snow."
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  • Jani k. C. G.
    "I work from home so this Durant really apply to me. When I did commute in the past, I loved the 20 minute drive to Eugene. It’s beautiful territory! "
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  • Teek728
    "small town, quick 2 min drive to anywhere. has all the basics..kinda wish we had more shops like clothing/shoes or reasonably priced restaurants.. please dont move here..youll ruin it. theres already enough people here."
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LGBTQ Local Legal Protections

Jesse Haffly, eXp Realty LLC
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
50 S 17th St, Cottage Grove, OR 97424 is a 4 bedroom, 4 bathroom, 3,600 sqft multi-family built in 2022. This property is currently available for sale and was listed by RMLS (OR) on Mar 15, 2024. The MLS # for this home is MLS# 24593736.