329 S Grape Street, Medford, OR 97501 | Home For Sale

$799,000

329 S Grape Street, Medford, OR 97501

beds
baths
sqft
Property Type
Multi Family
Built
Lot Size
0.22 Acres

Property Highlights

Property Highlights – Two tax lots; zoned Commercial Service Provider – Five renovated units total – Lot 1: 1,200 sq ft single-family home β€” 3 bedrooms, 1 bath – Lot 2: four units β€” three studios and one 1-bedroom apartment – Each unit updated with new HVAC systems, flooring, paint, cabinets and other improvements – Shared laundry facility – Alley access and ample on-street parking – Currently fully rented and professionally managed – Gross monthly income: $6,495; seller reports a 7.5% cap rate – Options for continued long-term rentals, short-term lodging, or mixed-use; upgrade list attached

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Facts & features

Bedrooms
Bathrooms
Square Feet
Listed By
Landline Real Estate

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Data source: Oregon Data Share LLC.
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