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1808 Spring Street

Medford, OR 97504
  • $1,750,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 220179650
Price Reduced
UPDATED: 146 min ago
$1,750,000
  • 0
    BEDS
  • 2.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,086
    SQFT
  • $288
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of eXp Realty, LLC :.

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

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby's International Realty. Data last updated: .2024-06-24T07:46:58.27
www.erikasellscentraloregon.com/homes/149097029
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1808 Spring Street Medford, OR 97504

  • Price: $1,750,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 146 min ago
  • MLS #: 220179650
0
Beds
0
Baths
0
½ Baths
2.24
Acres
6,086
SQFT
$288
$/SQFT
1947
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Lone Pine Elem
Middle School:
Hedrick Middle
High School:
South Medford High
Property 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
Exterior Features

Architectural Style Traditional Construction Materials Frame Foundation Details Concrete PerimeterOther Levels One Parking Features Attached Carport Roof Composition

Interior Features

Appliances CooktopDishwasherOvenRefrigerator Cooling Central AirWall/Window Unit(s) Flooring CarpetLaminateVinyl Heating Heat Pump Window Features Aluminum FramesVinyl Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No FIRPTAYN No Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 10723.77 Tax Year 2023 Unit5or More Unit List Attached Yes Water Source Public Zoning C-N

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of eXp Realty, LLC :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Cascade Hasson Sotheby's International Realty. Data last updated: .2024-06-24T07:46:58.27
 
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Cascade Hasson Sotheby's International Realty
650 SW Bond St., Suite 100
Bend OR, 97702
Listing provided courtesy of eXp Realty, LLC :.