Investor Opportunity! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! Cash Buyers Only: This property is non-conforming and will likely not qualify for financing. Sold as-is.
Listed By
Agency Name: Millen Property Group
Shown By
Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124
Estimated Payment
$ 2,622.77 per month $2,290.64 Principal & Interest $208.17 Property Tax $123.96 Homeowner's Insurance
429 N Holly Street | MLS# 220218682
This multi-family property located at 429 N Holly Street, Medford, OR 97501 is currently listed for sale with an asking price of $425,000. Search Medford real estate on www.fnrhomes.com today.