OR > Klamath Falls > Klamath Falls -Hot Springs Addition
Klamath Falls, OR 97601,1928 Erie ST
Klamath Falls, OR 97601,1928 Erie ST
Klamath Falls, OR 97601,1928 Erie ST
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$509,000
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3,858 SqFt
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1928 Erie ST Klamath Falls, OR 97601

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Cody Tuma

Cody Tuma

+1(541) 953-7784

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,858 sqft

Price per Sqft $131

Subdivision Klamath Falls -Hot Springs Addition

MLS Listing ID 220210181

Style Traditional

Year Built 1929

Annual Tax Amount $3,173

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.18

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in the Hot Springs area of Klamath Falls! This charming six-plex has geothermal heat and features six well-maintained 1-bedroom, 1-bathroom units, each approximately 770 sq. ft. Recent updates give each unit a fresh and inviting feel, with strong rental history and professional property management already in place. Ideally located near Oregon Tech and Sky Lakes Medical Center, making it attractive to consistent tenant demand. Laundry facility on site. Separate power meters. The sale includes the adjacent lot to the south, providing additional parking for tenants. With a solid 7.2% cap rate and an unbeatable central location close to the college and hospital, this is a smart addition to any investment portfolio!

Location

State OR

County Klamath

Community Klamath Falls -Hot Springs Addition

Direction Located on Erie Street between Pacific Terrace and Eldorado Street

Interior

Interior Features Laminate Counters, Shower/Tub Combo

Window Features Double Pane Windows,Vinyl Frames

Interior Features Laminate Counters, Shower/Tub Combo

Heating/Cooling Geothermal

Exterior

Parking Features On Street

Roof Type Membrane

Parking On Street

Building

Lot Description Corner Lot, Level

Foundation Concrete Perimeter

Water Public

Architectural Style Traditional

Level or Stories One

Structure Type Frame

New Construction No

Construction Frame

Schools

High Schools Klamath Union High School

Others

Senior Community No

Tax ID 373642

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Data Share
Listed by Windermere Real Estate Kf

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Cody Tuma

Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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