About This Home
This 3-bedroom, 2-bathroom single family at 381 9TH St in Springfield, OR is listed for $475,000 ($274 per sqft). Built in 1900, the home offers 1,733 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1900
- 0.12 acre lot
- 2 stories
Property Details
Turnkey investment opportunity in Springfield's Historic Washburn District! This 1900 Victorian is currently operating as a successful short-term rental with a strong rental history and is generating approximately $45,000-$60,000 in annual gross rental income.
The home offers two separate living spaces with private entrances, creating excellent flexibility for investors or owner-occupants. The front unit features 2 bedrooms, 1 bathroom, high ceilings, a gas fireplace, covered front porch, fenced yard, and charming period character.
The upstairs unit offers 1 bedroom, 1 bathroom, an updated bathroom and kitchenette, making it ideal for guests or extended stays. Laundry and the attached garage are currently utilized for short-term rental operations and owner supplies. Conveniently located near restaurants, shopping, coffee shops, public transportation, and with easy access to area freeways.
Buyer to perform their own due diligence regarding the continued use of the property as a short-term rental/Airbnb and any applicable city, county, or state regulations. Seller is completing a 1031 exchange. Please do not disturb tenants.!
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
381 9TH St
Springfield, OR 97477
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 381 9TH St is listed at $475,000 ($274/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.12 acre lot, 2 stories. Interior Features: HighCeilings, LaminateFlooring, Laundry. Exterior Features: CoveredDeck, Yard.
This property is listed by Sandra Boyst and can be reached at 5417294063.
