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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.