The subject property consists of an 8-unit guest housing complex and meeting/community room located on Spring Street, adjacent to the Providence Medford Medical Center campus. The dwelling units are basic, each with an entry room, a bedroom, and a bathroom. There are no kitchens or other amenities that are common in normal apartment units. The total property size is approximately 0.19 Acres, and total improved building square footage is approximately 4,824 SF per Country Assessors data. There are two separate 2-story buildings containing 4 units apiece, with a shared central courtyard/ common area. The Southernmost apartment building is connected to the meeting/community room. Approximate building/square footage breakdown is as follows (per Country Assessor’s date):
Two 2-story housing buildings: 8 units, 4,032 SF total (4 up; 4 down; each unit approx. 504SF)
Community/meeting room: Approx. 792 SF; Contains kitchen and laundry facilities. The buildings were built in 1979.
Seller does not have any information on the condition of the building systems. There was a water leak in one of the dwelling units that caused damage which is currently unrepaired. Dwelling units have not been used/occupied for several years now. Buyer to do its own due diligence in regard to the property condition.