166 N. Mountain Ave., Ashland, OR 97520
- $800,000
Listing courtesy of Realty Net of Central Oregon.
- List Price
- $800,000
- MLS#
- 220230066
- Status
- ACTIVE
- City
- Ashland
- County
- Jackson
- Year Built
- 2023
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.
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Additional Information
- HOA Fee
- $75
- Taxes
- $9,381
- Acres
- 0.18
- View
- Mountain(s), Park/Greenbelt
- Water
- Public
- Heating
- Ductless, Heat Pump
- Foundation
- Concrete Perimeter
- Flooring
- Laminate, Simulated Wood, Vinyl
- Elementary School
- Walker Elem
- Middle School
- Ashland Middle
- High School
- Ashland High
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