3740 Emerald StEugene, OR 97405

Property Details for 3740 Emerald St

Lot size

0.18 AC

Property size (Sq ft)

5,220 SF

Property type

Investment properties

Property subtype

Other specialty properties

Description

Exceptional investment opportunity in Southeast Eugene, Oregon, presents a fully leased single-family home spanning 5,220 square feet on a 0.18-acre lot. This property boasts 6+ bedrooms and 3.5 bathrooms, currently generating a monthly rental income of $4,000. The master lease is in place until February 1, 2025, with the tenant expressing a strong desire to extend their lease, presenting a potential for future rent increases. Further lease renegotiation opportunities exist to enhance the buyer's return on investment. The property benefits from a recently installed roof (July 2024), minimizing immediate maintenance concerns. Located at 3740 Emerald St, Eugene, OR 97405 (APN: 18-03-08-42-01500), this property offers a compelling combination of immediate income and long-term growth potential. The asking price is $799,000. This represents a strong cash-flowing asset with significant upside potential for the discerning investor. Don't miss this chance to acquire a well-maintained, high-demand rental property in a desirable Eugene neighborhood.

Location Insight

City

Eugene

County

Lane

State

Oregon

Latitude

44.0158

Longitude

-123.072

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