2365 Meadows Lane, Medford, OR 97501

$550,000
3
BD
2
BA
1,248
SqFt

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List Price
$550,000
Status
ACTIVE
Days on Market
1
MLS#
220230506
Subtype
Residential
Style
Traditional
Year Built
1979
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,248
Lot Size
16,552
Acres
0.38
Subdivision
N/A
Neighborhood
N/A

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Situated on 0.38 acres, this COMPLETELY REMODELED three bedroom, two bath manufactured home offers 1,248 sq. ft. of beautifully updated living space with modern finishes throughout and brand new appliances! The property also features two massive shops measuring approximately 1,384 and 1,080 sq. ft., offering exceptional flexibility and income potential! With verified rental history of $2,100/month for the home, $1,500/month for the front shop, and $1,000/month for the back shop, this property has generated $4,600/month or $55,200 annually in gross rental income! Live in the home while collecting shop rents, or maximize all three income streams! Ample parking, impressive shop space, and established rental history make this a rare opportunity for homeowners and investors alike!

Additional Information

Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Smart Thermostat, Tile Counters
Taxes
$1,508
Property Description
Traditional
Zoning
RR-2.5
Flooring
Vinyl
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Heating
Forced Air, Heat Pump
Air Conditioning
Heat Pump
Stories
One
Levels
One
Roof
Composition
Foundation
Block
Parking Features
Attached, Attached Carport, Driveway, Gravel, RV Access/Parking, RV Garage, Storage, Workshop in Garage
Elementary School
Oak Grove Elem
Middle School
Mcloughlin Middle
High School
South Medford High
View
Territorial, Neighborhood

Courtesy of John L. Scott Medford

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:

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