820 Taylor Street, Medford, OR 97504
$4,050,000
Property Type:
Residential Income
Lot Size (sq. ft.):
106,286
Status:
Closed
Current Price:
$4,050,000
List Date:
7/31/2018
Last Modified:
10/31/2024
Description
Multi-family complexes like this don't come on the market very often. Don't miss this one! Very well maintained East Medford 60 unit complex. 2.44 acres in the heart of Medford, close to downtown. The grounds have been meticulously maintained with picnic areas and gardens for the tenants to enjoy. Rents are below market. Long term tenants who take pride in the complex. 99.5% occupancy. Four separate tax lots, all sold together. Addresses are 820, 830, 836, 842/846 Taylor St. Mixture of one and two bedroom units. Two laundry rooms. Newer roofs on most of the buildings, newer exterior paint and upgraded parking lot. Great rental history, Property sold as-is and buyer to perform due diligence including but not limited to use, zoning, all material items, financial operations of the property, etc.
Supplements: ********
More Information MLS# 102992326
Location, Tax, and Legal
Cross Street: Taylor Street
Parcel Number: 10364530
Lot Size Acres: 2.44
Lot Size Square Feet: 106286
General Property Information
# of Units Total: 60
Elementary School: Roosevelt Elem
Middle Or Junior School: Hedrick Middle
Zoning: MFR-20
Tax Annual Amount: 39868.65
Tax Year: 2017
Assessment YN: No
CC&R's YN: No
Sign On Property YN: No
Property Sub Type: Multi Family
Year Built: 1962
Remarks and Miscellaneous
Public Remarks: Multi-family complexes like this don't come on the market very often. Don't miss this one! Very well maintained East Medford 60 unit complex. 2.44 acres in the heart of Medford, close to downtown. The grounds have been meticulously maintained with picnic areas and gardens for the tenants to enjoy. Rents are below market. Long term tenants who take pride in the complex. 99.5% occupancy. Four separate tax lots, all sold together. Addresses are 820, 830, 836, 842/846 Taylor St. Mixture of one and two bedroom units. Two laundry rooms. Newer roofs on most of the buildings, newer exterior paint and upgraded parking lot. Great rental history, Property sold as-is and buyer to perform due diligence including but not limited to use, zoning, all material items, financial operations of the property, etc.
Directions: Siskiyou Boulevard to Cottage. Taylor is off of Cottage. Property is East on Cottage on the right hand side.
Additional Features
Laundry Facility: 1
Manager's Quarters: 1
Separate Electric Meters: 1
Cooling
Wall/Window Unit(s): 1
Construction Materials
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
Trade: 1
Flood
N/A: 1
Heating
Baseboard: 1
Electric: 1
Radiant: 1
Other: 1
Inclusions/Exclusions
Inclusions: Ranges,DWashers,Refrigerators,W&Dryers
Exclusions: Tenant personal property
Levels
Two: 1
Roof
Composition: 1
Unit 1 Rent Includes
Garbage: 1
Landscaping: 1
Sewer: 1
Water: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Parking Details
# of Other Parking: 75
Documents on File
APOD: 1
Lead Based Paint Report: 1
Profit and Loss Statement: 1
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 820
Street Name: Taylor
Street Suffix: Street
County: Jackson
State: OR
Postal Code: 97504
Contract Information
Current Price: $4,050,000
Status: Closed
Original List Price: 4595000
Sold Price: $4,050,000
Listing Contract Date: 2018-07-31
Status Change Information
Close Date: 2018-12-14
Under Contract Date: 2018-11-01
Status Change Timestamp: 2018-12-15
Close Price: 4050000
Property Features
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Heating: Baseboard; Electric; Radiant; Other
Levels: Two
Roof: Composition
Unit 1 Rent Includes: Garbage; Landscaping; Sewer; Water
Additional Features: Laundry Facility; Manager's Quarters; Separate Electric Meters
Flood: N/A
Sewer: Public Sewer
Water Source: Public
Documents on File: APOD; Lead Based Paint Report; Profit and Loss Statement
Listing Terms: Cash; Conventional; Trade
Special Listing Conditions: Standard
Listing Office:
RE/MAX Platinum
Last Updated: October - 31 - 2024
Information deemed reliable but not guaranteed.