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Archived about 3 years ago

$505,000

2 bd 2½ ba 2012 sqft

2853 Riverview St, Eugene, OR 97403

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$2,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Mike Gruol

Flipper/Rehabber
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High Return Flip in Excellent Eugene Neighborhood! Partial Seller Financing!

This is an excellent flip with a very solid return and an estimated ARV of $675,000+. Don't miss out on this one-of-a-kind 2bd (with loft), 2.5ba, 2,012 sqft, Anslow & Degeneault built custom home with views of the surrounding woods on a .32 acre lot. Property features a double-master configuration, tremendous privacy on a quiet road, and beautiful territorial and hill views. Hendricks Park neighborhood is one of the most desirable neighborhoods in Eugene, with great K-12 schools and access to the university, hospital, and freeway. House has had many recent updates, including a new stainless refrigerator and dishwasher.

This deal also comes with partial seller financing! Ask us for more details.

Additional pics and info can be found here:
https://www.highpeakproperties.com/riverview-eugene

UPDATE: Seller has agreed to partial seller financing on this property while it's flipped and resold! If interested, reach out to Rich or myself for more information.

And please reach out to my colleague, Rich Blumenauer for more information:
[email protected]
503-893-9818

Location:

2853 Riverview St, Eugene, OR 97403

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.