




429 N Holly St, Medford, OR, 97501
--beds
0baths
2,432sqft
$425,000
$175price/sqft
$2,739/moest. monthly cost
$109,560/yrincome needed
About This Home
Investor Opportunity! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! Cash Buyers Only: This property is non-conforming and will likely not qualify for financing. Sold as-is.
Getting Around
84
38
86
Schools
2/10
2/10
6/10
Construction
Condition
- Year built: 1926
Materials
- Foundation: Concrete Perimeter,Pillar/Post/Pier
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subType: Multi Family
Interior
Features
- Flooring: Carpet,Hardwood
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
Property
Details
- Parcel number: 10393668
- Zoning description: Mfr-20
- Special condition: Standard
- Exclusions: Tenant's personal property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 4,791 sqft
Parking
- Parking features: Alley Access,Attached,On Street
- Has uncovered spaces: Yes
