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Klamath Falls,OR 97601
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,575 sqft
Price per Sqft $122
Subdivision Klamath Falls -Nichols Addition
MLS Listing ID 220207477
Style Craftsman
Year Built 1924
Annual Tax Amount $1,502
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
Income-producing multi-unit property with excellent rental history! 6.6% cap with low risk! 2,575 sq.ft. home on a 0.12-acre corner lot offers 3 furnished bedrooms, large upstairs suite, & a full downstairs apartment. Ground floor includes 3 large bedrooms with refinished oak floors, built-ins, porches, & shared baths. Basement bedroom has egress, utility sink, & exterior exit. Upstairs suite features a large bedroom, living space, kitchenette, porch, & garden window. Downstairs 700 sq.ft. apartment offers full kitchen, bath, living room, office, & fenced garden. Recent upgrades: modern electrical panels, new freshwater/sewer lines, grey water plumbing, LVP/tile flooring, new paint, 2 electric water heaters. Mature gardens, patio, greenhouse, storage, & more. Home is 3 blocks from downtown. Perfect for investors, multi-generational living, or owner-occupied income property.
Location
State OR
County Klamath
Community Klamath Falls -Nichols Addition
Interior
Heating/Cooling Forced Air,Natural Gas,Wood
Exterior
Exterior Feature Courtyard
Parking Features Driveway,On Street
Roof Type Composition
Parking Driveway,On Street
Building
Lot Description Corner Lot,Fenced,Garden,Landscaped,Level
Foundation Concrete Perimeter,Stone
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Klamath Union High School
Others
Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan
Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
Special Listing Condition Standard