516 J ST Active

Medford,OR 97501

$ 1075000

- Bed

0 Bath

6838 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,838 sqft

Price per Sqft $157

MLS Listing ID 220206760

Style Traditional

Year Built 1993

Annual Tax Amount $9,003

Lot Size 0.300 Acres

Property Sub-Type Multi Family

Property Description

Exclusively presented for sale - 516-520 J Street: a clean, 1990s-built 7-unit apartment complex in Medford, Oregon (the ''Property''). A rare public offering of a renovated apartment complex producing strong rents, the Property presents an opportunity to step into established asset in a mature neighborhood. The Property is sited on a .30-acre landscaped lot, and consists of two, 2-story triplex buildings featuring (6) 2-bed / 1.5-bath townhome style units, each with a private fenced yard, as well as three private enclosed garages. The third building is laid out with a standalone 1-bed / 1-bath unit on the upper level, with 4 additional private enclosed garages on the first level, allowing each tenant a garage. Located in a quiet, mature area, the Property is close to multiple schools, parks, employers, and much more. The Property is an attractive opportunity to unlock significant value from an asset much newer than most available properties today - contact brokers for more info.

Location

State OR

County Jackson

Interior

Heating/Cooling Forced Air,Heat Pump

Exterior

Parking Features Asphalt,Detached,On Street,Parking Lot

Roof Type Composition

Parking Asphalt,Detached,On Street,Parking Lot

Building

Foundation Slab

Water Public

New Construction No

Schools

High Schools South Medford High

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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