243 N Holly Street, Medford, OR

$695,000

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0.23

Acres

About 243 N Holly Street

This 5-unit property near downtown Medford is an excellent investment opportunity. With a total of 3,062 square foot this property includes four 1-bedroom, 1-bath units, along with a standalone 2-bedroom, 1-bath unit. Located on a .23-acre corner lot, it offers space for five parking spots and has potential for future development to add more units. It has new exterior paint, with most units updated to include new flooring, cabinets, and fresh interior paint. With its prime location, growth possibilities, and a cap rate of 6.26%, this property is a great investment.

Features of 243 N Holly Street

MLS® # 220190371
Price $695,000
Acres 0.23
Year Built 1928
Type Residential Income
Sub-Type Multi Family
Style Craftsman
Status Active

Community Information

Address 243 N Holly Street
Subdivision West Medford
City Medford
County Jackson
State OR
Zip Code 97501

Amenities

Parking No Garage, On Street, Parking Lot
View Neighborhood
Is Waterfront No

Interior

Appliances Range, Refrigerator
Heating Electric
Cooling None
Fireplace No
Stories Two
Basement None
Levels Two

Exterior

Lot Description Corner Lot, Level
Windows Double Pane Windows, Vinyl Frames, Wood Frames
Roof Composition
Construction Frame
Foundation Concrete Perimeter, Pillar/Post/Pier

School Information

Elementary Check with District
Middle Check with District
High Check with District

Additional Information

Date Listed September 24th, 2024
Days on Market 230
Zoning C-C
Horse Property No

Listing Details

OfficeRE/MAX Platinum

Listing Map

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