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429 N Holly Street, Medford, OR 97501

$425,000
  • 429 N Holly Street, Medford, OR 97501 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,432 MLS#220218682
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace
Home Style: Craftsman
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $2,498
Year Built: 1926

Feature Descriptions

Exterior: Frame
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 5

Local Schools

High School: South Medford
Middle School: McLoughlin
Elementary School: Jackson

Listed By / Shown By

Listed By

Agency Name: Millen Property Group

Shown By

Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124

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Estimated Payment

$ 2,622.77 per month $2,290.64 Principal & Interest $208.17 Property Tax $123.96 Homeowner's Insurance

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