$550,000

LOCATION LOCATION LOCATIONThis long held U of O off campus student income property has been a successful rental for years. Located just blocks to campus this free standing 4 bedroom 2 full bath house is currently leased and is pre-leased through 8/16, 2027. Free standing houses are exceptionally popular as student rentals and this West University location is one of the most competitive locations for students. The property has on site laundry and the private back and side yards for outdoor space which are additional amenities highly desired by the student population.-Attractive safe neighborhood2 blocks to campus -Off Street Parking. -Indoor Secure laundry room with additional storage/Bike storage. Strong rental history since 2014 with 100% occupancy in that time and 138 months of continuous occupancy. - Current leases run through August 2027. -Lease rate at $3100/month, $37,200 annually. -Property is professionally managed.