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James Hauge

jamesh@legacyre.com +1(503) 877-2101

$ 1,500,000

Est. payment -/mo

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Active

2236 3rd ST Malin, OR 97632

9,912 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,912 sqft

Price per Sqft $151

Subdivision Klamath Forest Estates

MLS Listing ID 220209606

Style Traditional

Year Built 1939

Annual Tax Amount $3,097

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions 0.72

Property Sub-Type Multi Family

Property Description

This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units.
The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.

Location

State OR

County Klamath

Community Klamath Forest Estates

Direction Corner of Third and Railroad

Rooms

Basement None

Interior

Interior Features Shower/Tub Combo

Heating Baseboard, Electric

Cooling None

Exterior

Parking Features Driveway, Gravel, On Street, Shared Driveway

Roof Type Composition

Building

Lot Description Corner Lot, Level, Native Plants

Foundation Concrete Perimeter

Water Public

Architectural Style Traditional

Level or Stories One

Structure Type Brick,Frame

New Construction No

Schools

High Schools Lost River High

Others

Senior Community No

Tax ID 124074

Security Features Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Action Realty

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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