Listing courtesy of Merit Commercial RE, LLC. Selling Office: John L Scott Real Estate Grants Pass.
Welcome to 513 Alice Street, a five-unit apartment complex centrally located in Medford, Oregon. A rare public offering of a five-plex, the property presents the opportunity to step into an established, upgraded, income-producing asset in Medford! The property itself consists of five units, across one 2-story triplex and two standalone cottages on one tax lot, made up of (3) 2-bd/1-ba units and (2) 1-bd/1-ba cottages. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys a central location in Medford. The complex is a short drive downtown Medford, Lithia Motors headquarters, Northgate Marketplace, Medford Center, and many other schools, parks, and entertainment. Additional info available - contact listing brokers today!
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