Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1971
Sq.Footage
N/A
Compelling investment opportunity featuring a quadraplex & two adjacent R-3 (medium-density) zoned parcels with development potential*. Located on the edge of town in a strong rental corridor near Rogue Community College, Asante Three Rivers Medical Center, shopping, dining, & essential services. Seller has initiated the development process, with plans available, & city sewer and water are at the street. The quadraplex consists of four 2-bedroom units (three 2BD/1BA and one 2BD/1.5BA). Three of the four units have been updated, supporting solid rental demand & potential rent upside. Three units share a community laundry room, while one unit includes a garage & in-unit laundry hookups. Two on-site storage units currently used by the seller provide space for equipment, materials, or tenant use. This offering presents a rare opportunity to acquire three adjacent properties with existing cash flow & future upside in a desirable growth location. Buyer to perform their own due diligence.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Attached, Gravel, On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.39
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Other
Price
-
Sales Price
$955,000
-
Tax Amount
8049.57
-
Zoning
R-3
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Check with District
-
Middle School
Check with District
-
High School
Check with District
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
301, 302, 303
-
Water Source
Private, Public, Well
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Location
County
Josephine
Elementary School
Check with District
Middle School
Check with District
High School
Check with District
Listing Courtesy of Nicolle Henderson , John L. Scott Medford
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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