Bought with Non Rmls Broker
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215 N IVY ST Medford, OR 97501
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Key Details
Sold Price $709,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24644382
Sold Date 05/15/24
Year Built 1930
Annual Tax Amount $6,440
Tax Year 2023
Lot Size 10,018 Sqft
Property Description
Investors special! Two 5-Plexes on one commercially zoned tax lot! At list price, these units are bringing in a 9.4% cap rate (doesn't include management fee). Roofs on each building are less than 5 years old and various updates such as flooring, interior paint, & windows have been done in a few of the units. 215 N Ivy has an attached single car garage and tons of storage as well. Back alley access allows ample parking. Each unit has its own gas and power meter. One of the cheapest price per units on the market in Southern Oregon, so contact your agent today for a personal tour, before it's too late!
Location
State OR
County Jackson
Area _802
Zoning C-C
Interior
Heating Forced Air
Cooling Wall Unit, Window Unit
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Jackson
Middle Schools Mcloughlin
High Schools South Medford
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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