302 Alice 1 & 2 StreetMedford, OR97501

Estimated rents put this at a 6%+ cap rate, or offers the chance for an owner-occupant to rent out one unit and offset their mortgage. With the potential to use one or both units as an Airbnb, monthly income could be even higher. This charming duplex is on a quiet street in central Medford surrounded by well-maintained homes. The front and backyard are both fenced, with mature landscaping up front offering privacy and no-maintenance landscaping in the back with a small fire pit. The two-bedroom, one-bathroom main level has been recently updated with new windows, new interior paint, and new flooring, and has its own full laundry hookups. Upstairs is a cute studio with a full kitchen and bathroom, new carpet, and private entrance. An extra-deep driveway offers plenty of parking, with a small storage area on the side of the house.

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