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Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

$ 1,550,000

Est. payment -/mo

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Pending

400-432 Columbus AVE Medford, OR 97501

9,880 SqFt

UPDATED:

10/09/2024 06:32 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 9,880 sqft

Price per Sqft $156

Subdivision Nickell Addition

MLS Listing ID 220184828

Style Contemporary

Year Built 1971

Annual Tax Amount $11,140

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 0.86

Property Description

Incredible investment opportunity for 5 duplexes in Medford! Situated across 5 tax lots, these duplexes each offer 1976 sqft of ample living space with 3 bedrooms and 1 bathroom per unit (30 bedrooms and 10 bathrooms in total), providing comfort and convenience for tenants. Each unit has a small fenced yard with mature trees surrounding the area providing a sense of privacy. The property also offers a large parking lot in front for easy access. With its convenient location, occupants will enjoy easy access to local parks, schools, and public transportation, enhancing their living experience. With all units currently occupied, this property boasts an excellent cap rate, making this a prime investment opportunity for anyone seeking a profitable rental business. Don't miss out on this exceptional investment! Contact us today for more details and to schedule a viewing. Showings are appointment only!

Location

State OR

County Jackson

Community Nickell Addition

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Laminate Counters, Shower/Tub Combo

Heating Electric

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature Patio

Garage Asphalt, No Garage, Shared Driveway, Parking Lot

Roof Type Composition,Metal

Parking Type Asphalt, No Garage, Shared Driveway, Parking Lot

Building

Lot Description Fenced, Level

Entry Level One

Foundation Concrete Perimeter

Water Public

Architectural Style Contemporary

Structure Type Frame

New Construction No

Schools

High Schools South Medford High

Others

Senior Community No

Tax ID 10405994

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by eXp Realty, LLC

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

400-432 Columbus AVE Medford, OR 97501

Key Details

Location

Interior

Exterior

Building

Schools

Others

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400-432 Columbus AVE