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West Coast Real Estate
158 N Mountain Avenue, Ashland, OR 97520
- $800,000
- List Price
- $800,000
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- 220230065
- Subtype
- Residential Income
- Style
- Craftsman
- Year Built
- 2023
- Lot Size
- 7,405
- Acres
- 0.17
- Subdivision
- N/A
- Neighborhood
- N/A
Property Description
Five units, 2023 construction, and a 6.23% cap rate in one of Ashland's most sustainable neighborhoods. 158 N. Mountain is a co-housing residence in the net-zero, solar-powered Beach Creek community: three studios, one two-bedroom unit, and an attached one-bedroom A.R.U., with 2,461 square feet of gross building area on a 7,190 square foot lot. Every unit has a private bathroom, in-unit laundry, heating and cooling, and electronic access; the four units with private kitchenettes also share a full kitchen and common living area, and the all-electric A.R.U. has its own kitchen. Solar power, high-efficiency HVAC and ERV systems, Energy Star appliances, and on-demand water heating keep operating costs low. Utilities, including fiber internet, are included in rent. Allocated T-12 NOI of $49,846 through June 2026; $800,000, or $160,000 per unit. Walk Score 70 and Bike Score 82, with a three-minute walk to the central bike path and easy access to Downtown Ashland & Southern Oregon University.
Additional Information
- Interior Features
- Fiberglass Stall Shower
- Exterior Features
- Courtyard
- Taxes
- $9,381
- HOA Fee
- $75
- Property Description
- Craftsman
- Zoning
- Res
- Flooring
- Laminate, Simulated Wood, Tile, Vinyl
- Appliances
- Instant Hot Water
- Heating
- Ductless, Heat Pump, Zoned
- Air Conditioning
- Heat Pump, Zoned, Other, Ductless
- Stories
- Two
- Levels
- Two
- Roof
- Composition, Metal
- Foundation
- Concrete Perimeter
- Parking Features
- Driveway, Electric Vehicle Charging Station(s), On Street, Shared Driveway
- Elementary School
- Walker Elem
- Middle School
- Ashland Middle
- High School
- Ashland High
- View
- Creek/Stream, Mountain(s), Park/Greenbelt
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Listing courtesy of Realty Net of Central Oregon.
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