60 N Orange Street, Medford, OR 97501

$669,900

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List Price
$669,900
Status
ACTIVE
Days on Market
86
Price Change
▼ $10,000 1785810220
MLS#
220222128
Subtype
Residential Income
Style
Craftsman
Year Built
1908
Lot Size
7,840
Acres
0.18
Subdivision
N/A
Neighborhood
N/A

Property Description

Looking to increase your revenue? Don't miss this turnkey investment opportunity offered at $699,900 with a total gross rent of $75,156 and net income of $48,865. This property features a total of 5 units spread across two distinct buildings on a single .18-acre tax lot zoned SFR-10. The property has a total building space of 7,841 square feet. Don't let the age of this home scare you, the updates on both structures have been extensive. There is a two-story triplex with 3 units and a separate two-story duplex where each floor serves as its own individual unit; the buildings also feature separate power meters and their very own private laundry facility located onsite. Total gross rental income at a monthly rate for $6,263. The property is currently occupied aside from one unit on the triplex for your viewing purpose.

Additional Information

Taxes
$5,363
Property Description
Craftsman
Zoning
Sfr-10
Flooring
Hardwood, Laminate, Vinyl
Appliances
Range, Range Hood, Water Heater
Heating
Electric, Wall Furnace, Other
Air Conditioning
Wall/Window Unit(s)
Stories
Two
Levels
Two
Roof
Composition
Foundation
Concrete Perimeter, Slab
Parking Features
No Garage, Other
Elementary School
Jackson Elem
Middle School
Mcloughlin Middle
High School
South Medford High

Listing courtesy of John L. Scott Medford.

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Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: