429 Holly ST, Medford, OR 97501
429 Holly ST, Medford, OR 97501
429 Holly ST, Medford, OR 97501
429 Holly ST, Medford, OR 97501
429 Holly ST, Medford, OR 97501
429 Holly ST, Medford, OR 97501
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Brad Knotts

Brad Knotts

Central Oregon

+1(503) 580-5206
$ 405,000
Est. payment | /mo

2,432 SqFt


Save
$ 405,000
Est. payment | /mo
Save

2,432 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $166

MLS Listing ID 220218682

Style Craftsman

Year Built 1926

Annual Tax Amount $2,498

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 0.11

Property Sub-Type Multi Family

Property Description

Investor Opportunity! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! Cash Buyers Only: This property is non-conforming and will likely not qualify for financing. Sold as-is.

Location

State OR

County Jackson

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Exterior

Parking Features Alley Access, Attached, On Street

Roof Type Composition

Building

Foundation Concrete Perimeter, Pillar/Post/Pier

Water Public

Architectural Style Craftsman

Level or Stories Two

Structure Type Frame

New Construction No

Schools

High Schools South Medford High

Others

Senior Community No

Tax ID 10393668

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Millen Property Group

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Name
Phone*
Message

TOUR THIS HOME

429 Holly ST