166 N. Mountain Ave., Ashland, OR 97520

$800,000

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List Price
$800,000
Status
ACTIVE
Days on Market
10
MLS#
220230066
Subtype
Residential Income
Style
Craftsman
Year Built
2023
Lot Size
7,840
Acres
0.18
Subdivision
N/A
Neighborhood
N/A

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.

Additional Information

Interior Features
Fiberglass Stall Shower
Exterior Features
Courtyard
Taxes
$9,381
HOA Fee
$75
Property Description
Craftsman
Zoning
Res
Flooring
Laminate, Simulated Wood, Vinyl
Appliances
Dishwasher, Dryer, Instant Hot Water, Oven, Range, Refrigerator, Washer
Heating
Ductless, Heat Pump
Air Conditioning
ENERGY STAR Qualified Equipment, Heat Pump, Ductless
Stories
Two
Levels
Two
Roof
Composition, Metal
Foundation
Concrete Perimeter
Parking Features
On Street, Shared Driveway
Elementary School
Walker Elem
Middle School
Ashland Middle
High School
Ashland High
View
Mountain(s), Park/Greenbelt

Courtesy of Realty Net of Central Oregon

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated:

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