297-299 Garfield St., Ashland, OR 97520 US Ashland Home

297-299 Garfield St. , Ashland, Oregon

Property Details

Sold

$495,000

Listing Information

  • MLS: 2930551
  • Bedrooms: 0
  • Baths: 0
  • Partial Baths: 0
  • SQ FT: 2715
  • Lot Size: 0.16
  • Style: Multi Family
  • Heat Source: Gas

Property Description

SOLD - 9 % Cap Rate! $54,900 annual income. Excellent investor opportunity. NOT your typical student rental. Truly immaculate, spotless, very well managed and well cared for interior. 2 homes on this property located 1 block to University. Main home offers fully rented, 8 furnished bedrooms that rent for $450 each, 3 baths & spotless common living spaces. This property is organized, well managed and the tenants love it. Assigned cupboards and storage. Coin laundry facility. No hassles. Fully rented for past 2 years. 2nd home built in 2003 is 2 bedrooms, 1.5 baths and is rented for $900. Also great situation for homeowner to have excellent private home with awesome income producing property.

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