Excellent Investment Opportunity with Strong Cap Rate! This centrally located 4-plex offers a desirable mix of unit types and recent upgrades, making it a turnkey addition to any investment portfolio. The property includes a stand-alone 2-bedroom, 1-bathroom single-family home with washer/dryer hookups, and a private backyard, ideal for attracting long-term tenants. Additionally, the attached triplex includes a 4-year-old roof and features two spacious 2-bedroom, 1-bath units and one well-maintained 1-bedroom, 1-bath unit. Majority of the units have been updated with newer flooring and paint while all units include newer energy-efficient windows and ductless mini-split systems. Current rents are $1,300, $1,150, $1,050, and $1,050. With strong rental appeal, low-maintenance improvements, and a convenient central location close to services and transit, this property is well-positioned to deliver reliable cash flow and long-term value!
Active w/contingency
$610,000
16 Hamilton St, Medford, OR 97501
7beds
0baths
3,055sqft
Est.:
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$583,800 Zestimate®
$200/sqft
$-- HOA
What's special
Private backyardNewer energy-efficient windowsDuctless mini-split systemsNewer flooring
- 54 days
- on Zillow |
- 583 |
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