
Table Rock Fourplex
Cute Townhome Style Fourplex - Great Location in Medford OR
Marketing description
· Townhome Style Four-plex; Two stories; Living Room, Kitchen down and two bedrooms; 1 Bath up. Each unit +/-1,050 SF
· Each unit has its own private backyard; Common front yard fenced in a safe neighborhood. Car port parking + on street parking.
Owner pays water and garbage collection. Tenant pays its own electrical power bill and HVAC bill.
· Great location: back of Natural Grocers; ‘Big Y’ Newer Retail Center is closed by.
· Close to regional Costco, Trader’s Joe, Target & Rogue Valley Mall
· Easy on & off interstate 5 North Medford exit and Highway 99
· Best to live in one unit; rent out and collect rents from the 3 units
· Owner occupies one unit now; rent back at close of escrow or vacating unit for buyer.
· Unit #1: $1,000 Unit #2: 1,200 Unit #3: 1,300 Unit #4: owner occupied
· All units are month to month tenancy at this time.
· Average fair market rent: $1,500/month (current rents are below market)
· Rogue Valley Southern Oregon: Fastly Growing Region North of CA
Investment highlights
Garden setting four-plex at a convenient and great location.
Easy access to shopping at the newer ‘Big Y’ retail hub with Trader’s Joe and other restaurants.
Regional Costco is also north of Table Rock Road. Target and Walmart are off Crater Lake highway.
Live in one unit and rent out the rest for revenue offset the mortgage payments.
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