550 E MAIN ST Ashland, OR97520
$1,100,000
5 total units
6 total bedrooms
6 total bathrooms
$75,000 annual income
Capitilization Rate: 6.85
3411 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Walker
Middle School: Ashland
High School: Ashland
Zoning: C-1
1020 days on market
VestorFilter™
Price per unit$220K/unit
Price per ft²$322.49/ft²
Recent price drop$95,000
Price per acre$9.36M/ac
Price per bedroom$183.3K/bed
Time on market1020 days
Property Description
OFFER RECEIVED 10/4. Fully-renovated, 3-unit guesthouse (Studio, 1BR & 2BR w/ kitchenettes) just one block from downtown Ashland! Permits issued to build 2 more units! Currently used as a luxury, extended-stay hotel, this multi-purpose building could be used for commercial, office, multi-family, AirBNB, owner occupied, or combo! Turn-of-century gem remodeled to the studs in 2017, no expense spared. Daylight bsmt with double laundry, wine cellar, storage & housekeeper space. Parking for 5 cars
{{ compliance-logo }}Listing Provided By Keller Williams PDX Central
Financial Data
Date Sold2021-11-30
Sold Price$1,100,000
Price ChangeDropped $95,000 on 12/06/2021
Total $95,000 drop
Total $95,000 drop
Original Price$1,195,000
Current Price$1,100,000
Property Taxes$5,113
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Home Facts
StatusSold
Year Built1890
Green/Energy SupplementYes
Exterior Features
MLS ID21060496
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
