531 N 11th Street Klamath Falls, OR 97601
Check out this prime investment opportunity on a well cared for 5-unit, 2-building apartment complex. Located close to downtown, near OIT, Jeld-Wen, Kingsley Air Base and Sky Lakes Medical center in Klamath Falls, OR. Recently remodeled units contain; two 2BD/1BA units, and three 1BD/1BA units plus 4 garage with parking spaces. Renovations include; electrical panels upgraded and partial roof coating. Shared coin operated laundry for your tenants. Electric on separate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental history. Cash or Commercial loan, unless buyer can work out a conventional loan with lender. 5th Unit (#533.5 is 750 SQFT. 1BD/1BA, rent=760/mo.
- Property TypeMulti-Family
- NeighborhoodKlamath Falls -Nichols Addition
- CountyKlamath
- Taxes$3,523
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID Number220183003
- Home Size Source N/A
- Year Built1930
- Lot Size0.13 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Craftsman
- Construction Frame
- Parking AttachedDetachedDrivewayGarage Door OpenerOn Street
- Sewer Public Sewer
- Basement FullUnfinished
- Number of Stories 2
- Acreage 0.13
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Cross Street Lincoln
- Property Sub Type Multi Family
- Attached Garage Yes
- Foundation BlockConcrete PerimeterSlab
- Zoning R/A
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating BaseboardDuctlessElectricForced AirNatural GasWood
- Appliances DishwasherDisposalDryerOvenRangeRange HoodRefrigeratorWasherWater Heater
- Flooring CarpetOtherTileVinyl
- Fireplace Features Living Room
- Window Features Aluminum FramesDouble Pane WindowsVinyl Frames
- Fireplace Yes
Exterior Features
- Roof AsphaltComposition
- View Neighborhood
- Exterior Patio
- Lot Level
Community Features
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)