BEDS0
BATHS
SQUARE FEET1,440
MLS#220217221
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAshland Homestead Association
Property Description
Prime Investment & Development Opportunity in Ashland.Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed.Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates.Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Natural Gas, Wall Furnace, Other
Home Style: Ranch
Lot Size: 0.27 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $3,501
Year Built: 1940
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Special View Info: Mountain(s), Neighborhood, Territorial
Units: 2
Listed By / Shown By
Listed By
Agency Name: RE/MAX Integrity
Shown By
Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124
Estimate Your Payment
Estimated Payment
$ 5,149.36 per month $4,608.23 Principal & Interest $291.75 Property Tax $249.38 Homeowner's Insurance
128 S Mountain Avenue | MLS# 220217221
This multi-family property located at 128 S Mountain Avenue, Ashland, OR 97520 is currently listed for sale with an asking price of $855,000. Search Ashland real estate on www.fnrhomes.com today.