Landline Real Estate, LLC Of Southern Oregon Jackson County Residential Real Estate Sales

West Medford (Medford, Oregon, US - 97501)
MLS® $599,000 8 Units


Attachments


"Pencils"
 

Landline Real Estate
Chris and Kim Knox


Chris  Knox
 
Chris Knox
Email Chris
 
Phone: 541-899-7222
TollFree: 866-779-1158
Cell: 541-840-3804
Fax: 541-899-7227
 
Details

Address: 403 W 12th Street Type: Residential Style: Single Story "4 of the Townhomes are Two Story" Garage: n/a "6 Single Garages" Basement: No Size: 6,212 sq. ft. Lot Type: Rectangular Lot Size:  0.34 acres  Year Built: n/a "Varied Year Build" Taxes: $5,047.63 (2007) MLS®: 2808223
 
Description

Get your pencils out investors!! Total 8 units and 6 garages on .34 of an acre with alley access in downtown Medford. 4 townhouses(2 bed, 1.5 bath, indoor laundry, 2 story units) , 1 Duplex(two units, each unit 2 bed, 1 bath, indoor laundry, single story units w/ single car garages), an apartment (1 bed, 1 bath, single level), and a studio (1 bath, single level). 2 of the garages are part of the duplex rent, four were previously rented for $50.00 a month. We have a key to one of the townhomes to show buyer's. Buyer to write offer subject to going through tenant occupied units. Property management rents the townhomes for $640.00(without garage), 1 Duplex rents for $660.00(does not pay trash), the other duplex for $625.00(tenant pays trash). Apartment rents for $525.00 and comes with a storage area. Studio rents for $375.00. If all are occupied, the incoming rents total $4745.00, and if the 4 garages are rented out of $50.00 a month, that totals $4945.00. Currently 1 townhome and 2 garages are being kept vacant to assist in selling. Buyer to review all rental agreements as a condition of sale. Centrally located. Appraisal done late July 2008 for $633,000.00, and indicates a 3% vacancy rate in this area.
 
Highlights

4 Townhomes 1 Duplex(2 units), Each with a Single Car Garage
1 Apartment 1 Studio
4 Single Car Garages Corner Lot
Easy Access Centralized Location
Incredible Value Pencils!

Features
Sewer/Water Systems
 Public
Lot Features
 Corner Lot  Courtyard  Fenced Yard
 Lawn  Patio  Trees / Shrubs
P2#1978034

Information is deemed to be correct but not guaranteed.


  Seller Login