2191 , 2199 Kings HWY Active Save Request In-Person Tour Request Virtual Tour
Medford,OR 97501
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,632 sqft
Price per Sqft $219
MLS Listing ID 220198972
Year Built 1958
Annual Tax Amount $4,525
Lot Size 2.990 Acres
Property Description
This property offers significant potential for investors with steady cash flow and future development possibilities. Featuring two well-maintained buildings, a spacious garage, and a manufactured home, this fully-occupied property generates a gross rent of $8798.9 and utility charges are $900 totaling $9689.9.
Total of two taxlots 2191 and 2199 Kings Hwy that equal about 2.99 acres of land.The land itself presents additional value with ample space for up to 5 RV spots, ideal for extra rental income. Located next to SFR10 zoning, this property offers future buildable land potential, perfect for expanding your investment portfolio or developing further.
Recent updates to the house add modern touches, making it an attractive choice for tenants. Whether you're looking for immediate income or long-term growth, this property has it all. Don't miss out on this exceptional opportunity!
Location
State OR
County Jackson
Interior
Heating/Cooling Forced Air,Natural Gas
Exterior
Parking Features Asphalt,No Garage,Shared Driveway
Roof Type Composition
Parking Asphalt,No Garage,Shared Driveway
Building
Lot Description Level
Foundation Concrete Perimeter
Water Public
Structure Type Frame
New Construction No
Construction Frame
Others
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available
Special Listing Condition Standard