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531 N 11th Street

Klamath Falls, OR 97601
  • $649,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 220183003
UPDATED: 156 min ago
$649,000
  • 6
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,105
    SQFT
  • $158
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Exp Realty :.

Description

Check out this prime investment opportunity on a well cared for 5-unit, 2-building apartment complex. Located close to downtown, near OIT, Jeld-Wen, Kingsley Air Base and Sky Lakes Medical center in Klamath Falls, OR. Recently remodeled units contain; two 2BD/1BA units, and three 1BD/1BA units plus 4 garage with parking spaces. Renovations include; electrical panels upgraded and partial roof coating. Shared coin operated laundry for your tenants. Electric on separate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental history. Cash or Commercial loan, unless buyer can work out a conventional loan with lender. 5th Unit (#533.5 is 750 SQFT. 1BD/1BA, rent=760/mo.

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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: .2024-06-15T00:01:47.61
www.erikasellscentraloregon.com/homes/150781054
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531 N 11th Street Klamath Falls, OR 97601

  • Price: $649,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 156 min ago
  • MLS #: 220183003
6
Beds
4
Baths
0
½ Baths
0.13
Acres
4,105
SQFT
$158
$/SQFT
1930
Built
Neighborhood:
Klamath Falls -Nichols Addition
County:
Klamath
Area:
Klamath Falls
Elementary School:
Check With District
Middle School:
Check With District
High School:
Check With District
Property Description
Check out this prime investment opportunity on a well cared for 5-unit, 2-building apartment complex. Located close to downtown, near OIT, Jeld-Wen, Kingsley Air Base and Sky Lakes Medical center in Klamath Falls, OR. Recently remodeled units contain; two 2BD/1BA units, and three 1BD/1BA units plus 4 garage with parking spaces. Renovations include; electrical panels upgraded and partial roof coating. Shared coin operated laundry for your tenants. Electric on separate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental history. Cash or Commercial loan, unless buyer can work out a conventional loan with lender. 5th Unit (#533.5 is 750 SQFT. 1BD/1BA, rent=760/mo.
Exterior Features

Architectural Style Craftsman Construction Materials Frame Exterior Features Patio Foundation Details BlockConcrete PerimeterSlab Levels Two Lot Features Level Parking Features AttachedDetachedDrivewayGarage Door OpenerOn Street Road Surface Type Paved Roof AsphaltComposition View Neighborhood

Interior Features

Appliances DishwasherDisposalDryerOvenRangeRange HoodRefrigeratorWasherWater Heater Basement FullUnfinished Cooling None Fireplace Features Living Room Flooring CarpetOtherTileVinyl Heating BaseboardDuctlessElectricForced AirNatural GasWood Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Unit1 Square Footage 565.00 Unit2 Square Footage 1120.00 Unit3 Square Footage 750.00 Unit4 Square Footage 920.00 Window Features Aluminum FramesDouble Pane WindowsVinyl Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Lincoln Exclusions tenant belongings FIRPTAYN No Inclusions all appliances Incomeand Expenses Annual Amounts Net Operatin 55000.00 Incomeand Expenses Annual Amounts Operating Ex 16000.00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 3523.59 Tax Year 2023 Unit1 Monthly Rent 875.00 Unit1 Status Leased Unit1 Unit Number 529 Unit2 Monthly Rent 1200.00 Unit2 Status Leased Unit2 Unit Number 531 Unit3 Monthly Rent 765.00 Unit3 Status Leased Unit3 Unit Number 531.5 Unit4 Monthly Rent 960.00 Unit4 Status Leased Unit4 Unit Number 533 Unit5or More Unit List Attached Yes Water Source Public Zoning R/A

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Exp Realty :.

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: .2024-06-15T00:01:47.61
 
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Cascade Hasson Sotheby's International Realty
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Bend OR, 97702
Listing provided courtesy of Exp Realty :.