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$955,000
Est. payment /mo
4,272 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,272 sqft
Price per Sqft $223
MLS Listing ID 220213561
Style Other
Year Built 1971
Annual Tax Amount $8,049
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 0.39
Property Sub-Type Quadruplex
Property Description
Compelling investment opportunity featuring a quadraplex & two adjacent R-3 (medium-density) zoned parcels with development potential*. Located on the edge of town in a strong rental corridor near Rogue Community College, Asante Three Rivers Medical Center, shopping, dining, & essential services. Seller has initiated the development process, with plans available, & city sewer and water are at the street. The quadraplex consists of four 2-bedroom units (three 2BD/1BA and one 2BD/1.5BA). Three of the four
units have been updated, supporting solid rental demand & potential rent upside. Three units share a community laundry room, while one unit includes a garage & in-unit laundry hookups. Two on-site storage units currently used by the seller provide space for equipment, materials, or tenant use. This offering presents a rare opportunity to acquire three adjacent properties with existing cash flow & future upside in a desirable growth location. Buyer to perform their own due diligence.
units have been updated, supporting solid rental demand & potential rent upside. Three units share a community laundry room, while one unit includes a garage & in-unit laundry hookups. Two on-site storage units currently used by the seller provide space for equipment, materials, or tenant use. This offering presents a rare opportunity to acquire three adjacent properties with existing cash flow & future upside in a desirable growth location. Buyer to perform their own due diligence.
Location
State OR
County Josephine
Rooms
Basement None
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Exterior
Parking Features Attached, Gravel, On Street
Roof Type Composition
Building
Foundation Slab
Water Public, Well
Architectural Style Other
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Check With District
Others
Senior Community No
Tax ID R4004312
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by John L. Scott Medford
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