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West Coast Real Estate
166 N. Mountain Ave., Ashland, OR 97520
- $800,000
- List Price
- $800,000
- Status
- ACTIVE
- Days on Market
- 11
- MLS#
- 220230066
- Subtype
- Residential Income
- Style
- Craftsman
- Year Built
- 2023
- Lot Size
- 7,840
- Acres
- 0.18
- Subdivision
- N/A
- Neighborhood
- N/A
Property Description
Five-unit co-housing income property completed in 2023 in Ashland's net-zero Beach Creek neighborhood. Three main-floor studios with private baths and a two-bedroom upstairs unit share a full common kitchen; an attached one-bedroom A.R.U. has its own kitchen, bath, and laundry. 2,481 SF of gross building area. Earth Advantage Platinum design with rooftop solar, energy recovery ventilation, ductless mini-split heat pumps in every unit, in-unit laundry, and keypad entry. Owner-paid utilities, including fiber internet. Current rent roll $6,875 per month ($82,500 annualized); GRM 9.70 and cap rate 7.08% on trailing twelve-month NOI. Walk Score 70, Bike Score 82, minutes to Downtown Ashland, Southern Oregon University, and North Mountain Park. Offered at $800,000, or $160,000 per unit. The adjoining five-unit residence at 158 N. Mountain Avenue is offered separately.
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, Vinyl
- Appliances
- Dishwasher, Dryer, Instant Hot Water, Oven, Range, Refrigerator, Washer
- Heating
- Ductless, Heat Pump
- Air Conditioning
- ENERGY STAR Qualified Equipment, Heat Pump, Ductless
- Stories
- Two
- Levels
- Two
- Roof
- Composition, Metal
- Foundation
- Concrete Perimeter
- Parking Features
- On Street, Shared Driveway
- Elementary School
- Walker Elem
- Middle School
- Ashland Middle
- High School
- Ashland High
- View
- Mountain(s), Park/Greenbelt
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Listing courtesy of Realty Net of Central Oregon.
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