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507 N Eldorado Avenue

Klamath Falls, OR 97601
  • $387,000
  • STATUS: Pending
  • ON SITE: 372 Days
  • MLS #: 220109877
Pending
UPDATED: 15 min ago
$387,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,296
    SQFT
  • $117
    $/SQFT
Type:
Multi-Family
Built:
1938
County:

School Information

Elementary School:
Middle School:

Listing courtesy of Allison James Estates & Homes.

Description

Now Available Independently! Fantastic investment opportunity with charm and character to spare. Well maintained and easily rented. Beautiful and durable - hardwood floors and tile finishes set these units apart. Desirable location close to OIT, Downtown, and Sky Lakes Medical leads to an exceptionally low turn over rate and many long term tenants. Yard and common outdoor dining/bbq. Considerable storage space and garages for each unit. Roughly finished basement and extra full bath has potential to be converted to a manager's unit. Buyer to verify. Due to shared amenities, Seller prefers to sell this with adjacent 4-plex a 1901 Auburn. If bought together, asking sales price is discounted to $749,000 for both properties. Currently, 507 N Eldorado and 1901 Auburn share a Geothermal Well and Hot Water Well Agreement as well as laundry, BBQ, and outdoor space. If bought independently, buyer responsible for due diligence regarding separation.

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© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-16T13:44:58.07
www.arendsrealtygroup.com/homes/110814981
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507 N Eldorado Avenue Klamath Falls, OR 97601

  • Price: $387,000
  • Status: Pending
  • Updated: 15 min ago
  • MLS #: 220109877
4
Beds
4
Baths
0
½ Baths
0.18
Acres
3,296
SQFT
$117
$/SQFT
1938
Built
Neighborhood:
Klamath Falls -Hot Springs Addition
County:
Klamath
Area:
Klamath Falls
Elementary School:
Roosevelt Elem
Middle School:
Ponderosa Middle
High School:
Klamath Union High School
Property Description
Now Available Independently! Fantastic investment opportunity with charm and character to spare. Well maintained and easily rented. Beautiful and durable - hardwood floors and tile finishes set these units apart. Desirable location close to OIT, Downtown, and Sky Lakes Medical leads to an exceptionally low turn over rate and many long term tenants. Yard and common outdoor dining/bbq. Considerable storage space and garages for each unit. Roughly finished basement and extra full bath has potential to be converted to a manager's unit. Buyer to verify. Due to shared amenities, Seller prefers to sell this with adjacent 4-plex a 1901 Auburn. If bought together, asking sales price is discounted to $749,000 for both properties. Currently, 507 N Eldorado and 1901 Auburn share a Geothermal Well and Hot Water Well Agreement as well as laundry, BBQ, and outdoor space. If bought independently, buyer responsible for due diligence regarding separation.
Exterior Features

Architectural Style Traditional Construction Materials Frame Exterior Features CourtyardPatio Foundation Details Stemwall Levels Two Lot Features FencedGardenLandscapedSprinkler Timer(S)Sprinklers In FrontSprinklers In Rear Parking Features Alley AccessAssignedConcreteDetachedOn Street Road Surface Type Paved Roof AsphaltComposition View Neighborhood

Interior Features

Appliances RangeRefrigerator Basement Exterior EntryFinishedFull Cooling None Flooring HardwoodVinyl Heating GeothermalHot Water Interior Features Built-In FeaturesShower/Tub ComboTile CountersTile Shower Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Square Footage 777.00 Unit2 Square Footage 826.00 Unit3 Square Footage 765.00 Unit4 Square Footage 765.00 Window Features Wood Frames

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Auburn Exclusions Tenant's Personal Property. FIRPTAYN No Inclusions Ranges And Fridges in All Units Listing Terms CashConventionalOwner Will Carry New Construction YN No Property Sub Type Quadruplex Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 4645.18 Tax Year 2021 Unit1 Monthly Rent 625.00 Unit1 Unit Number 507 Unit2 Monthly Rent 675.00 Unit2 Unit Number 509 Unit3 Monthly Rent 600.00 Unit3 Unit Number 511 Unit4 Monthly Rent 675.00 Unit4 Unit Number 513 Water Source Public Zoning Sf

Listing information © 2021 MLS of Central Oregon
Listing provided courtesy of Allison James Estates & Homes.

© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-16T13:44:58.07
 
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Arends Realty Group | Cascade Sotheby's International Realty
290 E Cascade Ave. PO Box 609
Sisters OR, 97759

Listing courtesy of Allison James Estates & Homes.