909 N Central Avenue, Medford, OR 97501

$450,000

Listing courtesy of eXp Realty, LLC.

List Price
$450,000
MLS#
220103437
Status
ACTIVE
Type
Multifamily
Year Built
1906
County
Jackson
City
Medford
Addition
N/A
Lot Size
30,492
Acres
0.7

Property Description

Income producing property offering tremendous development potential. Property currently consists of 3 structures on one .70 acre lot.B1(909): 2213 sqft 5BD 2BA home. Condition is poor. Currently rented at $800 per month. Used to be a duplex. It could be remodeled, converted, or demolished.B2(913A&B): 1162 sqft duplex. Condition is poor. 2BD 1BA unit rented at $435 per month. 1BD 1BA unit rented at $550.B3(917): 3BD 2BA 1286 sqft. Complete remodeled in 2019. Like a new home w/ 9' ceilings, granite counters & laminate floors. Currently rented to a family member at below market rent of $1,050 per month.C-H zoning allows for a variety of high density MFR development options. Builder/Contractor owned. New buyer may likely consider demolishing buildings 2 & 3 in order to construct more units on the property. Seller says w/ demo of buildings 2 & 3, up to 4 more triplex units could be built

Additional Information

Tax Year
2019
Taxes
$4,284
Ccr
No
Levels
One, Two
Water
Public
Sewer
Public Sewer
Zoning
C-G
Cross Street
Court St
Elementary School
Check With District
Middle School
Mcloughlin Middle
High School
North Medford High

Mortgage Calculator

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Calculator source: Real Geeks

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