$362,000
108 N Columbus Avenue, Medford, OR 97501
beds
baths
sqft
Property Type
Triplex
Triplex
Built
1906
1906
Lot Size
0.11 Acres
0.11 Acres
Property Highlights
Property Highlights
– Triplex: two attached 1 bed / 1 bath units and one detached 2 bed / 1 bath unit
– Units 1 and 2 recently refreshed with new interior paint; new flooring and carpet; updated kitchen cabinets, countertops, sinks, and lighting; and bathroom sink/plumbing improvements
– All three units received a new roof in 2023
– Separate gas and electric meters for simplified tenant billing and management
– Current annual gross income: $35,820
– Based on trailing expense run-rate and current operating performance, projects to a stabilized CAP rate just under 8%
Facts & features
Bedrooms
Bathrooms
Square Feet
Listed By
John L Scott Real Estate Grants Pass
John L Scott Real Estate Grants Pass
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