Enter city, zip, neighborhood, address…












Nearby Schools
Washington ElemElementary School
Mcloughlin MiddleMiddle School
South Medford HighHigh School
Description
Fantastic income-producing property located conveniently in town close to the bus route, stores & shopping. This unique property features two completely remodeled houses on one lot, generating an impressive income of $3,150 per month. The front house boasting 852 sq ft offers 2 bedrooms & 1 bathroom currently rented for $1,750 per month. The second home is 780 sq ft featuring 1 bedroom & 1 bathroom, currently rented for $1,400 per month. Both units come fully equipped w/ range ovens, microwaves, fridges, and washer/dryers, ensuring utmost convenience for tenants. Recent upgrades include fresh carpeting, fresh paint, new windows, new cabinets, and ductless heating and air systems for modern comfort. Each unit also features its own fenced yard area, providing privacy & outdoor space for the tenants who are eager to stay. Don't miss out on this incredible opportunity to own a great income-producing property. With a great cap rate, this is an investment that you won't want to pass up

© 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Updated: 2nd October, 2023 3:24 PM (UTC)
Listing Agent: Dan Mollahan
Listing Office: John L. Scott Medford