Special offer

6 apartments and a house in Medford for $599,000, Owner May Be Willing to Carry for 40 YEARS!!

By
Real Estate Broker/Owner with Landline Real Estate, LLC of Southern Oregon 200006073

 

Details   Photo Gallery        
                   
 
  FOR SALE
$599,000

Landline Real Estate
Chris Knox
Email Chris

Work: 541-899-7222
Toll-Free: 866-779-1158
Cell: 541-840-3804
Fax: 541-899-7227
More Photos(16)
         
           
Virtual Tour   Request More Info Email Listing More Photos(16)

Details
  Address: 33&35 Myrtle Street Type: Residential Style: Single Story Bedrooms: 1 Bathrooms: 1 Suite: No Living Area: 4,070 square feet Year Built: 0
More Details
 
Description
  Owner will consider carrying a note with 20% down, amortized and payable over 40 years at 7% per annum through Buyer paid collection escrow on full price offers. Seller wants to retire from being a landlord. 7 total rentals on one tax lot. 1 fourplex, 1 duplex, and 1 home. Fourplex (2 upstairs & 2 downstairs units) and Duplex (single level) are all 1 bed, 1 bath units. Home is 3 bed, 1 bath. All Fourplex units are currently rented, totaling $1969.00 monthly rent. Duplex is currently vacant and has rented in the past for $475.00 & $475.00. The home is currently vacant but has rented for $850.00. Potential rental income historically totaling $3769.00. Water and trash paid by Landlord for fourplex and duplex. Taxes $4554 for 2008. Great investment.
More Description
 

 
Brokered and Advertised by Chris and Kim Knox LID 2104432
 
Information is deemed to be correct but not guaranteed.

Comments (2)

Krista L. Walker
RE/MAX Platinum Medford - Medford, OR
Oregon- Homes & Real Estate for Sale

you might want to edit this post.  I did pass this info along.  Chris does a good job of getting the word out.

Nov 25, 2008 11:33 AM
Kim Knox
Landline Real Estate, LLC of Southern Oregon - Medford, OR
Principal Broker

Ooops Krista, I got on the phone and posted this before I was done.  I appreciate your keeping an eye out!!  Thanks!

Nov 25, 2008 11:42 AM