172 Skidmore ST Active Save Request In-Person Tour Request Virtual Tour
Ashland,OR 97520
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,225 sqft
Price per Sqft $341
MLS Listing ID 220188010
Style Cottage/Bungalow,Craftsman
Year Built 2016
Annual Tax Amount $5,820
Lot Size 10,018 Sqft
Property Description
Large Price Reduction to Move Fast! Charming seven units on corner lot close to downtown. Formerly Ashland Guest Cottages, was a short-term rental, now rented to monthly tenants. Prior owner remodeled and updated the units in 2014-2016. Possibility of return to short-term use if desired. Projected net operating income for 2024 is $87,000, which is a 7.9% cap rate.
Location
State OR
County Jackson
Interior
Heating/Cooling Ductless,Electric,ENERGY STAR Qualified Equipment,Forced Air
Exterior
Exterior Feature Courtyard,Deck,Patio
Garage Alley Access,Detached Carport,Gravel
Roof Type Composition
Parking Alley Access,Detached Carport,Gravel
Building
Lot Description Corner Lot,Drip System,Fenced,Garden,Landscaped,Native Plants,Sloped,Sprinklers In Front,Sprinklers In Rear,Water Feature
Foundation Block,Brick/Mortar,Pillar/Post/Pier
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Ashland High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard