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    2225 Fowler Lane

    Central Point, OR 97502
    • $660,000
    • STATUS: Active
    • ON SITE: 129 Days
    • MLS #: 220124492
    Price Reduced
    UPDATED: 27 min ago
    $660,000
    • 7
      BEDS
    • 2
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,878
      SQFT
    • $170
      $/SQFT
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of John L. Scott Ashland.

    Description

    Uncommon investment opportunity with fantastic income at 7.2% cap rate! 4 dwellings, all with new roofs, well, double paned windows, insulated walls, kitchen cabs andcounters, bathrooms, individual meters, mini-splits, flooring, laundry & water heaters since 2018. Located in one of Oregon's rare Opportunity Zones, the property offersunusual tax benefits to boot! With water rights to 2 acres of Rogue River Irrigation, you can live in 1, rent others and still have animals or crops. Or simply purchase as aninvestment and keep on the 4 solid renters with year long leases! Main home may still have more development with additional structures or additions. Still room tolandscape and put your stamp on the property. Buyer should perform their own due diligence.

    Monthly Payment Calculator

    © 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 Central Oregon Home Pros | KW 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 Central Oregon Home Pros | KW. Data last updated: .2021-10-16T10:44:51.423
    www.buysellcentraloregon.com/homes/118034095
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    2225 Fowler Lane Central Point, OR 97502

    • Price: $660,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 220124492
    7
    Beds
    5
    Baths
    0
    ½ Baths
    2
    Acres
    3,878
    SQFT
    $170
    $/SQFT
    1957
    Built
    Neighborhood:
    Roguelands Irrigated Orchard Tracts
    County:
    Jackson
    Area:
    Central Point
    Elementary School:
    Kennedy Elem
    Middle School:
    Hedrick Middle
    High School:
    South Medford High
    Property Description
    Uncommon investment opportunity with fantastic income at 7.2% cap rate! 4 dwellings, all with new roofs, well, double paned windows, insulated walls, kitchen cabs andcounters, bathrooms, individual meters, mini-splits, flooring, laundry & water heaters since 2018. Located in one of Oregon's rare Opportunity Zones, the property offersunusual tax benefits to boot! With water rights to 2 acres of Rogue River Irrigation, you can live in 1, rent others and still have animals or crops. Or simply purchase as aninvestment and keep on the 4 solid renters with year long leases! Main home may still have more development with additional structures or additions. Still room tolandscape and put your stamp on the property. Buyer should perform their own due diligence.
    Exterior Features

    Architectural Style Cottage/BungalowRanch Construction Materials Concrete Exterior Features DeckPatio Foundation Details BlockConcrete PerimeterSlab Levels One Lot Features FencedGardenPasture Parking Details Numberof Other Parking 8 Parking Features DrivewayGravelNo GarageParking LotRv Access/Parking Road Surface Type GravelPaved Roof Composition View NeighborhoodTerritorial

    Interior Features

    Appliances DishwasherDisposalDryerOvenRangeRefrigeratorWasherWater Heater Basement None Cooling Central Air Flooring CarpetLaminateVinyl Heating DuctlessElectricForced AirNatural Gas Interior Features Ceiling Fan(S)Granite CountersLaminate CountersShower/Tub ComboTile Shower Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Square Footage 775.00 Unit2 Square Footage 775.00 Unit3 Square Footage 866.00 Unit4 Square Footage 1470.00 Window Features Double Pane WindowsVinyl Frames

    Property Features

    Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Crater Lake Ave Exclusions Tenant Possessions FIRPTAYN No Inclusions All RfsW/D'sDwR/O Incomeand Expenses Annual Amounts Cap Rate 6.80 Incomeand Expenses Annual Amounts Gross Income 56400.00 Incomeand Expenses Annual Amounts Net Operatin 47484.00 Incomeand Expenses Annual Amounts Operating Ex 8916.00 Listing Terms CashConventionalFha New Construction YN No Property Sub Type Quadruplex Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 3937.02 Tax Year 2020 Unit1 Monthly Rent 950.00 Unit1 Status Leased Unit1 Unit Number 2221 Unit2 Monthly Rent 850.00 Unit2 Status Leased Unit2 Unit Number 2221 1/2 Unit3 Monthly Rent 1250.00 Unit3 Status Leased Unit3 Unit Number 2223 Unit4 Monthly Rent 1650.00 Unit4 Status Leased Unit4 Unit Number 2225 Water Source Well Zoning County Rr-2.5

    Listing information © 2021 MLS of Central Oregon
    Listing provided courtesy of John L. Scott Ashland.

    © 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 Central Oregon Home Pros | KW 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 Central Oregon Home Pros | KW. Data last updated: .2021-10-16T10:44:51.423
     
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    Central Oregon Home Pros | KW
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    Redmond OR, 97756

    Listing courtesy of John L. Scott Ashland.