2236 3rd Street, Malin, OR

$1,200,000

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0.72

Acres

About 2236 3rd Street

This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units. The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.

Features of 2236 3rd Street

MLS® # 220181757
Price $1,200,000
Acres 0.72
Year Built 1939
Type Residential Income
Sub-Type Multi Family
Style Traditional
Status Active

Community Information

Address 2236 3rd Street
Subdivision Malin
City Malin
County Klamath
State OR
Zip Code 97632

Amenities

Parking Driveway, Gravel, On Street, Shared Driveway
View Neighborhood, Territorial
Is Waterfront No

Interior

Interior Features Shower/Tub Combo
Appliances Cooktop, Oven, Range, Refrigerator, Water Heater
Heating Baseboard, Electric
Cooling None
Fireplace No
Stories One
Basement None
Levels One

Exterior

Lot Description Corner Lot, Level, Native Plants
Roof Composition
Construction Brick, Frame
Foundation Concrete Perimeter

School Information

Elementary Malin Elem
Middle Check with District
High Lost River High

Additional Information

Date Listed May 1st, 2024
Days on Market 245
Zoning R
Horse Property No

Listing Details

OfficeAction Realty

Listing Map

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