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    2169 Madison Street

    Klamath Falls, OR 97603
    • $299,900
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 220125015
    UPDATED: 53 min ago
    $299,900
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,787
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of Fisher Nicholson Realty, Llc.

    Description

    3 single family homes on one suburban lot. Two 3 bedroom/1 bath and one 2 bedroom /1 bath homes. ''A'' rents for $846.30/mo. It is a 3 bedroom 1 bath which was completely updated around 2007. It could use roof repairs. ''B'' rents for $611/mo and is 800 sq. ft. It is in good condition. In 2021 electrical upgrades were made to add more circuits. An appraisal states the ''C'' is 1425 sq. ft. but owner believe it is closer to 1048 sq. ft. It is a 3 bedroom 1 bath and rents for $800/mo. In 2018 it received a new roof, facia, exterior paint and front exterior siding and windows. Back of home in need of new siding. All units have been upgraded in past but out of state owner cannot maintain property to his standard from that distance. First Choice is managing property and all tenants have been there for longer than a year but are renting month to month. Rents include water and sewer as there are not separate meters. Owner realizes rents are lower than the current market rate.

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    © 2021 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 Keller Williams Realty Central Oregon 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 Keller Williams Realty Central Oregon. Data last updated: .2021-07-26T12:46:11.58
    www.myhomeincentraloregon.com/homes/118277280
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    2169 Madison Street Klamath Falls, OR 97603

    • Price: $299,900
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 220125015
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    2,787
    SQFT
    $108
    $/SQFT
    1937
    Built
    Neighborhood:
    N/A
    County:
    Klamath
    Area:
    Klamath Falls
    Elementary School:
    Shasta Elem
    Middle School:
    Bixner Junior High
    High School:
    Mazama High
    Property Description
    3 single family homes on one suburban lot. Two 3 bedroom/1 bath and one 2 bedroom /1 bath homes. ''A'' rents for $846.30/mo. It is a 3 bedroom 1 bath which was completely updated around 2007. It could use roof repairs. ''B'' rents for $611/mo and is 800 sq. ft. It is in good condition. In 2021 electrical upgrades were made to add more circuits. An appraisal states the ''C'' is 1425 sq. ft. but owner believe it is closer to 1048 sq. ft. It is a 3 bedroom 1 bath and rents for $800/mo. In 2018 it received a new roof, facia, exterior paint and front exterior siding and windows. Back of home in need of new siding. All units have been upgraded in past but out of state owner cannot maintain property to his standard from that distance. First Choice is managing property and all tenants have been there for longer than a year but are renting month to month. Rents include water and sewer as there are not separate meters. Owner realizes rents are lower than the current market rate.
    Exterior Features

    Architectural Style Ranch Construction Materials ConcreteFrame Exterior Features Deck Foundation Details BlockConcrete Perimeter Levels One Lot Features FencedLevel Parking Features GravelShared Driveway Road Surface Type Paved Roof Composition View Neighborhood

    Interior Features

    Appliances DishwasherDryerOvenRangeRefrigeratorWasherWater Heater Basement None Cooling None Flooring CarpetHardwoodVinyl Heating BaseboardDuctlessElectricFree-StandingNatural Gas Interior Features Laminate CountersShower/Tub ComboTile Counters Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Numberof Bathrooms 1 Unit1 Numberof Bedrooms 3 Unit1 Square Footage 939.00 Unit2 Numberof Bathrooms 1 Unit2 Numberof Bedrooms 2 Unit2 Square Footage 800.00 Unit3 Numberof Bathrooms 1 Unit3 Numberof Bedrooms 3 Unit3 Square Footage 1048.00 Window Features Energy Star Qualified WindowsVinyl FramesWood Frames

    Property Features

    Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Miller Ave FIRPTAYN Yes Incomeand Expenses Annual Amounts Cap Rate 6.03 Incomeand Expenses Annual Amounts Gross Income 24840.00 Incomeand Expenses Annual Amounts Net Operatin 17866.00 Incomeand Expenses Annual Amounts Operating Ex 4270.00 Incomeand Expenses Annual Amounts Professiona 2484.00 List Number Prefix 00 Listing Terms Cash New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 1757.23 Tax Year 2020 Unit1 Monthly Rent 846.00 Unit1 Status Leased Unit1 Unit Number A Unit2 Monthly Rent 611.00 Unit2 Status Leased Unit2 Unit Number B Unit3 Monthly Rent 800.00 Unit3 Status Leased Unit3 Unit Number C Water Source Public Zoning Rs

    Listing information © 2021 MLS of Central Oregon
    Listing provided courtesy of Fisher Nicholson Realty, Llc.

    © 2021 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 Keller Williams Realty Central Oregon 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 Keller Williams Realty Central Oregon. Data last updated: .2021-07-26T12:46:11.58
     
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    Keller Williams Realty Central Oregon
    639 SW Highland Ave.
    Redmond OR, 97756

    Listing courtesy of Fisher Nicholson Realty, Llc.