Blue Sapphire

2150 Crater Lake Avenue

Medford , OR 97504

MLS#: 102995535

$995,000

Status: Closed
Listing number: 102995535
Listing provided by: eXp Realty, LLC
Listing agent phone: None
Last update: 1 year, 1 month ago
On site: 7 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2005

Sq.Footage

N/A

Fantastic East Medford investment opportunity with two 2005 built 4-plexes. Both 4-plexes are approximately 3844 sqft and each unit consists of 2 bedrooms and 2 bathrooms. Lower units are ADA adaptable. Three of the four units in 2154 have been updated and current rents are $995 on the 3 units and $895 on the 4th unit. In 2150, all four units are fully rented at $895 each. $265 HOA fee per 4-plex. Covers outside water, landscape maintenance, trash and future road repair. Currently under property management and no problems keeping them rented. Cap rate is between 5% and 6% but could be increased for someone that wants to manage themselves and increase rents. Interior photos are for illustration purposes only.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Heat Pump

  • Heating YN

    YES

  • Heating

    Heat Pump, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.18

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $995,000

  • Tax Amount

    8017.41

  • Zoning

    MFR-20

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Kennedy Elem

  • Middle School

    Hedrick Middle

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Jackson

Elementary School

Kennedy Elem

Middle School

Hedrick Middle

High School

Listing Courtesy of Jacob Rockwell , eXp Realty, LLC

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Fantastic East Medford investment opportunity with two 2005 built 4-plexes. Both 4-plexes are approximately 3844 sqft and each unit consists of 2 bedrooms and 2 bathrooms. Lower units are ADA adaptable. Three of the four units in 2154 have been updated and current rents are $995 on the 3 units and $895 on the 4th unit. In 2150, all four units are fully rented at $895 each. $265 HOA fee per 4-plex. Covers outside water, landscape maintenance, trash and future road repair. Currently under property management and no problems keeping them rented. Cap rate is between 5% and 6% but could be increased for someone that wants to manage themselves and increase rents. Interior photos are for illustration purposes only.

2150 Crater Lake Avenue

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