1250 Madison ST Active

Klamath Falls,OR 97603

$ 525000

4 Beds

3 Baths

4368 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $120

MLS Listing ID 220198881

Style Traditional

Bedrooms 4

Full Baths 3

Year Built 1970

Annual Tax Amount $1,606

Lot Size 5.430 Acres

Property Sub-Type Single Family Residence

Property Description

Two homes on one large suburban lot! Rare, hard-to-find acreage located off Shasta Way in Klamath Falls can now be yours! Priced to sell and ready for new owners. Both homes are currently rented. 3bed, 1bath 1440 sf 1970 manufactured home with a fenced yard. Well maintained and clean unit. Brand new flooring and fresh paint. Separate living, dining and family room areas. Separate laundry room with space for a second fridge. In-ground sprinklers for low maintenance yard. Storage shed. Forced air heat. The second unit is a one bed one bath 958 sf home with a private yard. It has a walk in pantry, large closet, fresh paint, and new carpet. Both units are on their own meters and billed separately. Both homes are on a private well. The property also includes a large 4 car garage/shop which has been rented in the past but is currently used by the owners. The property could be developed or left as-is, producing income with a cap rate of about 5-6%

Location

State OR

County Klamath

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Attached Carport,Detached,Storage,Workshop in Garage

Garage Spaces 4.0

Roof Type Composition,Metal

Building

Lot Description Fenced,Landscaped,Level,Sprinklers In Front,Sprinklers In Rear

Foundation Pillar/Post/Pier

Water Well

Structure Type Frame

New Construction No

Schools

High Schools Mazama High School

Others

Acceptable Financing Cash,Contract,Conventional,FHA,FMHA,Owner Will Carry,USDA Loan,VA Loan

Listing Terms Cash,Contract,Conventional,FHA,FMHA,Owner Will Carry,USDA Loan,VA Loan

Special Listing Condition Standard

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