429 N Holly St

Medford OR 97501

2432 sq. ft.

4791.6 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Investor opportunity with owner-financing potential! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! This property is non-conforming and will likely not qualify for traditional financing, but there is potential for owner financing (terms subject to negotiation with current lender). Sold as-is.

Features

1 carspace

1 garage space

2432 sq. ft. floor area

4791.6 sq. ft. lot size

Multi-Family

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