Pencils. 8 Units For Sale in West Medford
Pencils
• 6,212 sq. ft. single story "4 of the Townhomes are Two Story" - 
MLS® $599,000 - 8 Units
West Medford, Medford - 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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