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Landline Real Estate
Chris and Kim Knox |
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| Chris Knox |
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Email Chris |
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Phone: |
541-899-7222 |
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TollFree: |
866-779-1158 |
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Cell: |
541-840-3804 |
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Fax: |
541-899-7227 |
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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
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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. |
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4 Townhomes
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1 Duplex(2 units), Each with a Single Car Garage
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1 Apartment
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1 Studio
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4 Single Car Garages
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Corner Lot
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Easy Access
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Centralized Location
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Incredible Value
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Pencils!
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Sewer/Water Systems
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Lot Features
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▪ Corner Lot
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▪ Courtyard
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▪ Fenced Yard
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▪ Lawn
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▪ Patio
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▪ Trees / Shrubs
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