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215-229 N Ivy Street

Medford, OR 97501
  • $735,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 220176611
Price Reduced
UPDATED: 59 min ago
$735,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,936
    SQFT
  • $124
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of John L. Scott Medford :.

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!

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Berkshire Hathaway HomeServices Northwest Real Estate. Data last updated: .2024-02-27T14:46:41.113
www.bendsunriverhomesforsale.com/homes/147283221
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215-229 N Ivy Street Medford, OR 97501

  • Price: $735,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 59 min ago
  • MLS #: 220176611
0
Beds
0
Baths
0
½ Baths
0.23
Acres
5,936
SQFT
$124
$/SQFT
1930
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Jackson Elem
Middle School:
Mcloughlin Middle
High School:
South Medford High
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!
Exterior Features

Architectural Style Contemporary Construction Materials Frame Foundation Details Concrete PerimeterPillar/Post/Pier Levels Two Lot Features Level Parking Details Numberof Other Parking 10 Parking Features Alley AccessNo GarageOn Street Road Surface Type Paved Roof Composition View NeighborhoodTerritorial

Interior Features

Appliances DryerOvenRangeRefrigeratorWasherWater Heater Basement Full Cooling Wall/Window Unit(s) Flooring CarpetLaminate Heating Electric Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Window Features Aluminum FramesDouble Pane Windows

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Main St Exclusions Tenant's personal property. FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 9.40 Incomeand Expenses Annual Amounts Gross Income 96852.00 Incomeand Expenses Annual Amounts Net Operatin 70908.00 Incomeand Expenses Annual Amounts Operating Ex 25944.00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 6247.39 Tax Year 2023 Unit5or More Unit List Attached Yes Water Source Public Zoning C-C

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of John L. Scott Medford :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Berkshire Hathaway HomeServices Northwest Real Estate. Data last updated: .2024-02-27T14:46:41.113
 
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Berkshire Hathaway HomeServices Northwest Real Estate
805 SW Industrial Way Ste. 10
Bend OR, 97702
Listing provided courtesy of John L. Scott Medford :.