Remarks

Income-producing multi-unit property with excellent rental history! 6.6% cap with low risk! 2,575 sq.ft. home on a 0.12-acre corner lot offers 3 furnished bedrooms, large upstairs suite, & a full downstairs apartment. Ground floor includes 3 large bedrooms with refinished oak floors, built-ins, porches, & shared baths. Basement bedroom has egress, utility sink, & exterior exit. Upstairs suite features a large bedroom, living space, kitchenette, porch, & garden window. Downstairs 700 sq.ft. apartment offers full kitchen, bath, living room, office, & fenced garden. Recent upgrades: modern electrical panels, new freshwater/sewer lines, grey water plumbing, LVP/tile flooring, new paint, 2 electric water heaters. Mature gardens, patio, greenhouse, storage, & more. Home is 3 blocks from downtown. Perfect for investors, multi-generational living, or owner-occupied income property.

Details

MLS#: 220207477
Price: $315,000

Style: Craftsman
Year Built: 1924

County: Klamath
Subdivision: Klamath Falls -Nichols Addition
Tax Fee: 1502.85

School Elementary: Pelican Elem
School Middle: Ponderosa Middle
School High: Klamath Union High School