224 S BROAD ST, Klamath Falls, OR 97601

$900,000
10,752
SqFt

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List Price
$900,000
Price Change
▼ $100,000 1768880813
Days on Market
431
MLS#
130162997
Property Type
Multifamily
Sqft. of Residence
10,752
Lot Size
10, 000 to 14, 999 SqFt
Region
Klamath County
Status
ACTIVE

Property Description

Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create additional tenant storage. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.

Additional Information

Tax Amount
$5,846
Year Built
1950
High School
Klamath Union
Elementary School
Mills
Middle School
Ponderosa
Acres
0.25
Living Area
10,752
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard, Zoned
Hoa Rent Includes
None
Exterior Description
Other
Sewer Description
Public Sewer
Number Of Units Total
23
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Units Total
22

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SMI Commercial Real Estate LLC.

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