243 Holly ST Active Save Request In-Person Tour Request Virtual Tour
Medford,OR 97501
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,062 sqft
Price per Sqft $233
Subdivision West Medford
MLS Listing ID 220190371
Style Craftsman
Year Built 1928
Annual Tax Amount $3,461
Lot Size 10,018 Sqft
Property Sub-Type Multi Family
Property Description
This 5-unit property near downtown Medford is an excellent investment opportunity. With a total of 3,062 square foot this property includes four 1-bedroom, 1-bath units, along with a standalone 2-bedroom, 1-bath unit. Located on a .23-acre corner lot, it offers space for five parking spots and has potential for future development to add more units. It has new exterior paint, with most units updated to include new flooring, cabinets, and fresh interior paint. With its prime location, growth possibilities, and a cap rate of 6.26%, this property is a great investment.
Location
State OR
County Jackson
Community West Medford
Interior
Heating/Cooling Electric
Exterior
Parking Features No Garage,On Street,Parking Lot
Roof Type Composition
Parking No Garage,On Street,Parking Lot
Building
Lot Description Corner Lot,Level
Foundation Concrete Perimeter,Pillar/Post/Pier
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Check With District
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard