Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 2105 thru 2113 Holly Ave, an eight (8) unit apartment building centrally located in Klamath Falls, Oregon. A rare public offering of an 8 plex near downtown. This property presents the opportunity to step into an established income producing asset/value add situation. Geothermal well providing heat and hot water system throughout. Low heating costs can pass savings onto tenants. The property consist of 8 large units;6 - 1 bedroom 1 bath and 2 - 2 bedroom 1 bath. The downstairs has three units rented and one turnover currently. All current tenants have lived in the building for 3+ years. The upstairs is vacant and has undergone updating with work remaining; definitely value add situation for the right investor. Building has completely updated power meter boxes and sub panels in units, a Duralast roof, and vinyl windows throughout. A garage with garage door opener, also with geothermal heat. Property consist of two lots. Unique offstreet parking for the downstairs units.Show Description
MLS® Number220209698
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageYes
Approx. Age1977
Basement
DrivewayAlley Access, Concrete, Garage Door Opener, On Street, Storage
Garage Spaces
HeatGeothermal
A/CNone
Heating Fuel
Extras
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