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622 Hamilton Street

Medford, OR 97501
  • $509,900
  • STATUS: Active
  • ON SITE: 137 Days
  • MLS #: 220186998
UPDATED: 66 min ago
$509,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,728
    SQFT
  • $295
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of RE/MAX Integrity :.

Description

Investment opportunity to own a duplex with a cap rate at 6.7%-- wow! Both units are 2 beds, 1 bath, and fully REMODELED! One unit is currently rented for $1,850, the other $1,575 and each unit includes a 2 CAR GARAGE. The building was stripped down to the studs and had new plumbing, electrical, insulation, and dry wall installed, with all new interior and exterior paint. All of the cabinetry and fixtures in the kitchens and bathrooms are brand new, refrig and washer, dryer too! Brand new 50 year composition roof on the duplex, with a brand new PVC roof on the 4-car garage. Both units have a private backyard featuring hard scaping and brand new 8 ft fencing. There is a large shared front yard with gravel and vapor barrier, brand new 3 foot fencing that was created with animals in mind. Hard to find 4 car garage totaling 893 sf, zoning would allow a conversion into more housing! Month to month leases- enjoy this income stream by adding it to your portfolio today!

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Central Oregon Association of Realtors logo © 2024 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 | Ponderosa Properties, LLC 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 | Ponderosa Properties, LLC. Data last updated: .2024-12-09T16:44:09.94
www.arendsrealtygroup.com/homes/152937920
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622 Hamilton Street Medford, OR 97501

  • Price: $509,900
  • Status: Active
  • On Site: 137 Days
  • Updated: 66 min ago
  • MLS #: 220186998
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,728
SQFT
$295
$/SQFT
1977
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Washington Elem
Middle School:
Mcloughlin Middle
High School:
South Medford High
Property Description
Investment opportunity to own a duplex with a cap rate at 6.7%-- wow! Both units are 2 beds, 1 bath, and fully REMODELED! One unit is currently rented for $1,850, the other $1,575 and each unit includes a 2 CAR GARAGE. The building was stripped down to the studs and had new plumbing, electrical, insulation, and dry wall installed, with all new interior and exterior paint. All of the cabinetry and fixtures in the kitchens and bathrooms are brand new, refrig and washer, dryer too! Brand new 50 year composition roof on the duplex, with a brand new PVC roof on the 4-car garage. Both units have a private backyard featuring hard scaping and brand new 8 ft fencing. There is a large shared front yard with gravel and vapor barrier, brand new 3 foot fencing that was created with animals in mind. Hard to find 4 car garage totaling 893 sf, zoning would allow a conversion into more housing! Month to month leases- enjoy this income stream by adding it to your portfolio today!
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Frame Exterior Features CourtyardPatio Foundation Details Concrete Perimeter Lot Features Corner LotFencedLandscapedLevel Parking Features Alley AccessAssignedDetachedDrivewayOn StreetParking Lot Roof Composition Window Features Double Pane Windows

Interior Features

Appliances DishwasherDryerOvenRangeRefrigeratorWasherWater Heater Basement [] Cooling None Cooling YN No Fireplace Features [] Flooring Laminate Heating ElectricForced Air Heating YN Yes Interior Features Ceiling Fan(s)Granite CountersShower/Tub Combo Levels Two Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Square Footage 864 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Square Footage 864

Property Features

Accessibility Features [] Additional Features Common Area Yes Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 1728 CCRs YN No Common Walls 1 Common WallEnd UnitNo One AboveNo One Below Community Features [] Flood NA Yes Listing Terms CashConventionalVA Loan New Construction YN No Other Structures Kennel/Dog Run Property Sub Type Duplex Road Frontage Type [] Road Surface Type Paved Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 2719.41 Tax Year 2023 Unit1 Monthly Rent 1575 Unit1 Rent Includes Water Yes Unit1 Status Leased Unit2 Monthly Rent 1850 Unit2 Rent Includes Water Yes Unit2 Status Leased View NeighborhoodTerritorial Water Source Public Waterfront Features [] Zoning Description SFR-10

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of RE/MAX Integrity :.

Central Oregon Association of Realtors logo © 2024 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 | Ponderosa Properties, LLC 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 | Ponderosa Properties, LLC. Data last updated: .2024-12-09T16:44:09.94
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of RE/MAX Integrity :.