488 Main ST Active

Springfield,OR 97477

$ 4950000

- Bed

- Bath

13408 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,408 sqft

Price per Sqft $369

MLS Listing ID 352831896

Year Built 2024

Annual Tax Amount $11,466

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Rivett on 5th & Main is the newest mixed-use development in the Eugene/ Springfield metro area. Just finished in December of 2024, it features 12 townhouse style apartments on the second floor, two retail spaces and one live/work unit. Architecturally designed with top-of-the-line amenities. 10 year property tax freeze on apartments (excludes commercial units.) Lease up has just begun and at the asking price, Seller will lease back any apartment unit that is not leased by closing.

Location

State OR

County Lane

Community Alllandscaping,Laundry

Area _249

Zoning MUC

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

Community Features AllLandscaping,Laundry

View City, Mountain

Roof Type Membrane

Garage No

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Middle Schools Springfield

Others

Acceptable Financing CallListingAgent,Cash,Conventional

Listing Terms CallListingAgent,Cash,Conventional

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