909 N Central AvenueMedford, OR97501

Income producing property offering tremendous development potential. Property currently consists of 3 structures on one .70 acre lot.B1(909): 2213 sqft 5BD 2BA home. Condition is poor. Currently vacant. This building used to be a duplex. It could be remodeled, converted, or demolished.B2(913A&B): 1162 sqft duplex. Condition is poor. 2BD 1BA unit rented at $435 per month. 1BD 1BA unit rented at $550.B3(917): 3BD 2BA 1286 sqft. Complete remodeled in 2019. Like a new home w/ 9' ceilings, granite counters & laminate floors. Currently rented to a family member at below market rent of $1,050 per month.C-H zoning allows for a variety of high density MFR development options. Builder/Contractor owned. New buyer may likely consider demolishing buildings 2 & 3 in order to construct more units on the property. Seller says w/ demo of buildings 2 & 3, up to 4 more triplex units could be built

Financial Data