Home > Medford > Homes for sale > 28 N Orange St, Medford, OR 97501

28 N Orange St, Medford, OR 97501

$679,000




Price : 679000.00

🛌🏻 9 Bedrooms
🛀🏻 5 Bathrooms
🚗 Parking
Size   4006 sq/ft
Built Area   4006 sq/ft
Flooring   
Cooling   
Heating   
Property Type   House for sale
Features   Type : Triplex, Year Built : 1938, Heating : Electric, Forced Air, Natural Gas, Other, Cooling : Central Air, Other, Wall/Window Unit(s), Parking : 5 Open Parking spaces, Days on Zillow : 12 Days, Price/sqft : $169, Buyers Agency Fee : 2.50, Offer Review Date : No Data
Exterior   
Kitchen   

Overview

Great investment opportunity available in downtown Medford. This Tri-Plex consists of a 1938 built 2-story Duplex with approx. 3,114 sq ft. Upper unit is a 4 bed/2.0. Lower unit is a 3 bed/2.0. Both units have approx. 1,417 square feet with spacious floor plans. Hd-Wd floors & central heat/AC. Theres also 1,233 sq.ft. of partially finished basement (1 bed/1.0 bath) for a potential additional unit. Buyer to do own due diligence with the City of Medford. This older building has been maintained with some updates. Patio & storage room. Rear unit #30 is a recent completely remodeled unit (from the studs out), which consists of a 2 bed/1.0 bath open floor plan with approx. 892 sq.ft. Stainless appliances, ductless wall Heat/AC unit. The front 2 units have 3+ off-street spaces, with 2 off-street spaces for Unit #30, which is provided by paved alley access. All units are rented and professionally managed. Total 2023 projected Annual Gross Income is approx. $56,100. Exp-Ratio is Approx. 15.82%