2921 Table Rock Road, Medford, OR 97501

$650,000
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Listing courtesy of eXp Realty, LLC.

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List Price
$650,000
MLS#
220222394
Status
PENDING
City
Medford
County
Jackson
Year Built
1940
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(541) 601-3670

Property Description

Current cap rate of 8.956% offers strong cash flow performance while recent improvements--including the addition, kitchen upgrades, and fresh paint--help reduce immediate capital expenditure needs. Investment opportunity with multiple income streams and future development potential. This versatile property currently features three rented residential units, four rented RV parking spaces, and six additional RV/boat parking spots with room to increase revenue. Zoned and positioned for future growth, the property can be divided into two separate lots, each allowing up to four units, creating exceptional long-term expansion potential for investors or developers. Rare combination of stabilized income, value-add opportunity, flexible parking/storage revenue, and future density potential in one property.

(541) 601-3670
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Additional Information

Taxes
$1,596
Acres
0.46
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Neighborhood
Water
Public
Heating
Electric, Forced Air, Natural Gas, Wall Furnace
Foundation
Block, Concrete Perimeter
Flooring
Other, Vinyl
Elementary School
Howard Elem
Middle School
Mcloughlin Middle
High School
North Medford High
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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: