1808 Spring Street, Medford, OR 97504

$1,950,000
List Price
$1,950,000
Status
ACTIVE
Days on Market
21
Price Change
▼ $250,000 1680033804
MLS#
220160404
Architectural Style
Traditional
Year Built
1947
Lot Size
97,574
Acres
2.24
Subdivision
N/A
Neighborhood
N/A

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 due to zoning! Most, if not all units 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.

Additional Information

Taxes
$10,462
Zoning
C-N
Flooring
Carpet, Laminate, Vinyl
Appliances
Cooktop, Dishwasher, Oven, Refrigerator
Heating
Heat Pump, Natural Gas
Air Conditioning
Central Air, Wall/Window Unit(s)
Stories
One
Levels
One
Roof
Composition
Parking Features
Attached Carport
Elementary School
Lone Pine Elem
Middle School
Hedrick Middle
High School
Check With District

Courtesy of eXp Realty, LLC .

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Calculator source: Real Geeks

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