2221 Madison StreetKlamath Falls, OR97603

$265,000
3 bedrooms
2418 sq. ft
0.35 acres
Elementary School: Check with District
Middle School: Check with District
High School: Check with District
Zoning: CG
635 days on market

VestorFilter™

Price per ft²$109.59/ft²
Recent price drop$4,900
Price per acre$757.1K/ac
Price per bedroom$88.3K/bed
Time on market635 days
Smart Fixer ListYes

Property Description

INVESTOR ALERT!! Here's a great opportunity to add to your investment portfolio at a ''2 for 1'' price. OR, if you're looking to cut down on your housing expenses, live in one of the homes and rent out the other. AND the zoning designation of CG (commercial general), alongside this property's central location in town...again, you have options!Both homes are in generally good shape. They are ''cosmetic fixers'' worst case. The primary 3 bed/2 bath house features new laminate flooring in the kitchen/dining, new exterior paint, a large bonus room, and central air.The smaller 1 bed/1 bath ''back house'' features a full size kitchen, bathroom, separate driveway and carport. Both homes share the large .35 acre lot, with large shade trees great for hosting backyard bbq's!The security of commercial businesses surrounding this property creates an overall safe and secure environment.Schedule your walkthrough today!

Financial Data

Date Sold2023-07-14
Sold Price$250,000
Price ChangeDropped $4,900 on 07/14/2023
Total $34,900 drop
Original Price$299,900
Current Price$265,000
Property Taxes$1,697

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Home Facts

StatusClosed
Year Built1966
StoriesOne
Interior Features
Exterior Features
MLS ID220150961