2236 3rd Street Malin, OR 97632
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.
- Property TypeMulti-Family
- NeighborhoodMalin
- CountyKlamath
- Taxes$2,904
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusActive
- MLS ID Number220181757
- Home Size Source Assessor
- Year Built1939
- Lot Size0.72 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Traditional
- Construction BrickFrame
- Parking DrivewayGravelOn StreetShared Driveway
- Sewer Public Sewer
- Basement None
- Number of Stories 1
- Acreage 0.72
- Water Public
- Zoning R
- Security Smoke Detector(s)
- Cross Street Railroad Ave
- Property Sub Type Multi Family
- Attached Garage No
- Foundation Concrete Perimeter
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating BaseboardElectric
- Appliances CooktopOvenRangeRefrigeratorWater Heater
- Flooring CarpetLaminateSimulated WoodVinyl
- Interior Shower/Tub Combo
Exterior Features
- Roof Composition
- View NeighborhoodTerritorial
- Lot Corner LotLevelNative Plants
Community Features
- Security Features Smoke Detector(s)