2105 Holly AVE Active

Klamath Falls,OR 97601

$ 795000

- Bed

0 Bath

5160 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,160 sqft

Price per Sqft $154

Subdivision Klamath Falls -Industrial Addition

MLS Listing ID 220209698

Style Other

Year Built 1977

Annual Tax Amount $3,412

Lot Size 2,178 Sqft

Property Sub-Type Multi Family

Property Description

Welcome to 2105 thru 2113 Holly Ave, an eight (8) unit apartment building centrally located in Klamath Falls, Oregon. A rare public offering of an 8 plex near downtown. This property presents the opportunity to step into an established income producing asset/value add situation. Geothermal well providing heat and hot water system throughout. Low heating costs can pass savings onto tenants. The property consist of 8 large units;6 - 1 bedroom 1 bath and 2 - 2 bedroom 1 bath. The downstairs has three units rented and one turnover currently. All current tenants have lived in the building for 3+ years. The upstairs is vacant and has undergone updating with work remaining; definitely value add situation for the right investor. Building has completely updated power meter boxes and sub panels in units, a Duralast roof, and vinyl windows throughout. A garage with garage door opener, also with geothermal heat. Property consist of two lots. Unique offstreet parking for the downstairs units.

Location

State OR

County Klamath

Community Klamath Falls -Industrial Addition

Interior

Heating/Cooling Geothermal

Exterior

Parking Features Alley Access,Concrete,Garage Door Opener,On Street,Storage

Roof Type Membrane

Parking Alley Access,Concrete,Garage Door Opener,On Street,Storage

Building

Lot Description Corner Lot

Foundation Concrete Perimeter

Water Public,Water Meter

Structure Type Frame

New Construction No

Construction Frame

Schools

High Schools Klamath Union High School

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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