251 Beatty StreetMedford, OR97501
$439,000
4 total units
$34,800 annual income
Capitilization Rate: 6.00
2500 sq. ft
0.16 acres
Elementary School: Wilson Elem
Middle School: Hedrick Middle
High School: North Medford High
Zoning: C-C
1259 days on market
VestorFilter™
Price per unit$109.8K/unit
Price per ft²$175.60/ft²
Recent price drop$11,000
Price per acre$2.74M/ac
Time on market1259 days
Property Description
Multi-units in a great location! If you have been looking for great cash flow, this 4-plex is a solid investment income producing property. Featuring two 2 bed 1 bath units (each 750 sq ft), 2 studio units (each 500 sq ft), a coin operated laundry room, recent updates and much more! 3 out of the 4 units have been remodeled with new flooring and new interior paint. Ample parking right in front of the complex as well. All tenants are long term and want to stay. Currently under rented for this market and rents can be raised annually. Very low maintenance investment at an inexpensive price so contact your agent today for a personal tour, before it's too late!
Financial Data
Date Sold2021-04-09
Sold Price$410,000
Price ChangeDropped $11,000 on 04/09/2021
Total $11,000 drop
Total $11,000 drop
Original Price$450,000
Current Price$439,000
Property Taxes$3,471
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Home Facts
StatusClosed
Year Built1977
MLS ID220112889
