325 4th 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 3,565 sqft
Price per Sqft $200
Subdivision West Medford
MLS Listing ID 220190374
Style Contemporary
Year Built 1910
Annual Tax Amount $3,812
Lot Size 10,018 Sqft
Property Sub-Type Multi Family
Property Description
This 5-plex near downtown Medford offers a total of 3,565 square feet and includes three 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units. Additionally, there are 3 separate garage rentals and an on-site, coin operated laundry facility for the tenants. The property sits on a .23-acre lot with parking, It has new exterior paint, all units have been updated with fresh paint and flooring, with some units receiving additional updates. The property is equipped with a sprinkler system. With its prime location, multiple income streams and a cap rate of 6.55%, this is an excellent investment opportunity.
Location
State OR
County Jackson
Community West Medford
Interior
Heating/Cooling Natural Gas
Exterior
Exterior Feature Courtyard
Parking Features Alley Access,Gravel,On Street,Parking Lot
Roof Type Composition
Parking Alley Access,Gravel,On Street,Parking Lot
Building
Lot Description Corner Lot,Level,Sprinkler Timer(s),Sprinklers In Front
Foundation Concrete Perimeter
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