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16600240
16600217

1808 Spring St, Medford, OR 97504

RG
201207277
Oregon - eXp Realty
Listed by Oregon - eXp Realty
$1,699,000
794 days on market
Updated 75 days ago

1808 Spring Street Medford, OR 97504

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,086
Units 10
Price per SqFt $279
Year Built 1947
Acreage 2.240

Fantastic investment opportunity for 8 stick built homes and a duplex on over 2 acres!

Marketing description

Fantastic investment opportunity for 8 stick built homes and a duplex on over 2 acres of commercially zoned property in East Medford, with potential for future development per zoning! Most, if not all units are rented & have been rehabbed or are in the process of being rehabbed. All units have separate electrical meters. Highly desirable location close to amenities such as parks, dining, and shopping. The property also offers a sense of privacy with its mature trees surrounding the area. With a great cap rate, this property is an excellent investment opportunity for those looking for a profitable rental business. Monthly rents close to $14k.

Market Rent Roll is attached to this listing. Owner is a licensed Oregon broker. Expenses on attached report are estimated. All units are either rented or in the process of being rehabbed and rented. Buyer to conduct buyers own due diligence with regards to buyer intended purposes for property. Information provided is to the best of the knowledge of the seller and/or agent, but not guaranteed. No commission paid on loan points paid by seller on behalf of buyer and/ or seller- paid buyer closing costs.

Listing Contacts

RG
201207277
Oregon - eXp Realty
Listed by Oregon - eXp Realty

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