60 N Orange St - Apartments FOR SALE


Medford, OR 97501- Downtown Medford
$669,900 USD
60 N Orange St, Medford, OR for Sale
$669,900 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

60 N Orange St
Medford, OR 97501
Downtown Medford


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$669,900 USD

PRICE/SF

$85 USD /SF

# OF UNITS

5

PRICE/UNIT

$133,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

SFR-10

APN/PARCEL ID

10395715

ASK ABOUT THIS PROPERTY

Jeffrey JohnsonWindermere Van Vleet & AssociateMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jeffrey JohnsonWindermere Van Vleet & AssociateMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.