429 N Holly Street, Medford, OR 97501
- $405,000
Listing courtesy of Millen Property Group.
- List Price
- $405,000
- Price Change
- ▼ $20,000 1781505783
- MLS#
- 220218682
- Status
- ACTIVE
- City
- Medford
- County
- Jackson
- Year Built
- 1926
Property Description
Investor Opportunity! 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! Cash Buyers Only: This property is non-conforming and will likely not qualify for financing. Sold as-is.
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Additional Information
- Taxes
- $2,498
- Acres
- 0.11
- View
- Neighborhood
- Water
- Public
- Heating
- Wall Furnace
- Foundation
- Concrete Perimeter, Pillar/Post/Pier
- Flooring
- Carpet, Hardwood
- Elementary School
- Jackson Elem
- Middle School
- Mcloughlin Middle
- High School
- South Medford High
Mortgage Calculator
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: